HJ 7 Wyoming House · 2023 Regular Session

Permanent mineral trust fund-distributions and investments.

This constitutional amendment proposal (HJ 7) would modify Wyoming's Permanent Mineral Trust Fund (PWMTF) by requiring all investment earnings to be deposited into a separate earnings fund instead of the general fund. It clarifies that any investment or loan losses to the fund's principal must be restored ("made whole") by the Legislature, and specifies that earnings may be distributed or invested as determined by law. The bill directly affects how Wyoming manages public funds derived from mineral taxes, ensuring the trust's principal remains protected while providing clearer rules for handling earnings. This change aims to modernize the constitutional language governing the fund, which holds money from mineral taxes for current and future generations.
Bill status died 1 of 4 stages cleared
Introduction
Jan 2023
Committee Review
Floor Vote
Governor
Introduced Jan 26, 2023 Last action Feb 7, 2023
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Full legislative history

Actions timeline

Total actions
5
Key actions
0
Committee
1
Feb 7, 2023
Committee
H:Died in Committee Returned Bill Pursuant to HR 5-4
lower
Jan 26, 2023
Introduced
H Introduced and Referred to H02 - Appropriations
lower
0 primary · 0 co-sponsors

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