Stop ESG-State funds fiduciary duty act.
Wyoming's SF 172 requires state investment managers and trustees to consider **only financial factors** when managing state funds, such as retirement systems and government accounts. It prohibits considering social, political, or environmental goals (like climate action, diversity initiatives, or gun industry divestment) as part of investment decisions. The bill mandates that investment entities and their fiduciaries provide written commitments to follow this rule, restricts proxy voting to outside advisors who comply, and requires annual public reporting of voting records. This directly affects the Wyoming Retirement System, state treasurer, and all investment managers handling state funds.
Bill status
died
3 of 5 stages cleared
Introduction
Jan 2023
Committee Review
Feb 2023
Senate Passage
Feb 2023
House Passage
Governor
Introduced Jan 25, 2023
Last action Feb 28, 2023
Floor votes · Senate Feb 7, 2023
How they voted
27–3
Passed
Total votes 30
Feb 7, 2023
D
Democratic2
100% Yea
R
Republican28
89% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
14
Key actions
4
Committee
4
Feb 28, 2023
Committee
H COW:H Did not consider for COW
lower
Feb 23, 2023
Lower · Passed
H02 - Appropriations:Recommend Do Not Pass 7-0-0-0-0
lower
Feb 13, 2023
Introduced
H Introduced and Referred to H02 - Appropriations
lower
Feb 7, 2023
Upper · Passed
S 3rd Reading:Passed 17-14-0-0-0
upper
Feb 2, 2023
Upper · Passed
S COW:Passed
upper
Feb 1, 2023
Upper · Passed
S03 - Revenue:Recommend Do Pass 4-0-1-0-0
upper
Jan 25, 2023
Introduced
S Introduced and Referred to S03 - Revenue
upper
1 primary · 15 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Bo Biteman
RRepublican
Co
Anthony Bouchard
RRepublican
Co
Bob Ide
RRepublican
Co
Daniel Singh
RRepublican
Co
Jeanette Ward
RRepublican
Co
Jeremy Haroldson
RRepublican
Co
Ken Pendergraft
RRepublican
Co
Larry Hicks
RRepublican
Co
Lynn Hutchings
RRepublican
Co
Mark Jennings
RRepublican
Co
Ogden Driskill
RRepublican
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