Stop ESG-State funds fiduciary duty act.
Wyoming's HB 80 requires state investment managers and fiduciaries to consider **only financial factors** when managing state funds, explicitly prohibiting consideration of social, political, or ideological goals. It bans actions like reducing greenhouse gas emissions, promoting diversity policies, or divesting from gun manufacturers as part of investment decisions. The bill mandates that all proxy votes on state-held stocks must align solely with financial interests and requires annual public reporting of voting records. This directly affects entities managing Wyoming’s retirement funds, permanent funds, and state treasurer investments.
Bill status
passed
3 of 5 stages cleared
Introduction
Jan 2025
Committee Review
Jan 2025
House Passage
Jan 2025
Senate Passage
Governor
Introduced Jan 14, 2025
Last action Feb 28, 2025
Floor votes · House Jan 23, 2025
How they voted
41–15
Passed · 2 other
Total votes 58
Jan 23, 2025
D
Democratic6
83% Nay
R
Republican52
76% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
10
Key actions
3
Committee
2
Jan 23, 2025
Lower · Passed
H 3rd Reading:Passed 44-16-2-0-0
lower
Jan 21, 2025
Lower · Passed
H COW:Passed
lower
Jan 20, 2025
Lower · Passed
H09 - Minerals:Recommend Amend and Do Pass 8-1-0-0-0
lower
Jan 14, 2025
Introduced
H Introduced and Referred to H09 - Minerals
lower
1 primary · 10 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Chris Knapp
RRepublican
Co
Abby Angelos
RRepublican
Co
Cheri Steinmetz
RRepublican
Co
Chip Neiman
RRepublican
Co
Dalton Banks
RRepublican
Co
Daniel Singh
RRepublican
Co
Jeremy Haroldson
RRepublican
Co
Joe Webb
RRepublican
Co
John Bear
RRepublican
Co
John Winter
RRepublican
Co
Reuben Tarver
RRepublican
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