Wyoming Community Development Authority-bond investment.
HB 67 requires Wyoming's state treasurer to invest up to $60 million from the permanent mineral trust fund into bonds issued by the Wyoming Community Development Authority. These bonds would finance mortgage loans for veterans and first-time homebuyers at a rate 2% below standard market rates. The bill exempts this investment from the usual $1 billion cap on state fund allocations and includes a sunset provision, ending the requirement on July 1, 2028. This legislation directly affects eligible homebuyers through lower mortgage costs, with no further action taken as the bill remains pending.
Bill status
introduced
1 of 4 stages cleared
Introduction
Dec 2024
Committee Review
Floor Vote
Governor
Introduced Dec 20, 2024
Last action Feb 3, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
0
Committee
0
0 primary · 0 co-sponsors
Sponsors
No sponsor information available.
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