Investment modernization-state nonpermanent funds.
This bill modifies Wyoming's Cultural Trust Fund by removing its "inviolable" status to allow more flexible investment strategies. It establishes a new spending rule: annual grants will be limited to 3% of the fund's five-year average market value, calculated progressively over time. Investment earnings from the fund must now be redirected back into the fund's principal (corpus), rather than being spent immediately. The bill primarily affects the Cultural Trust Fund, which supports grants for nonprofit and governmental organizations promoting Wyoming's cultural, historical, and arts heritage.
Bill status
signed
all 5 stages cleared
Introduction
Jan 2025
Committee Review
Feb 2025
Senate Passage
Jan 2025
House Passage
Mar 2025
Signed into Law
Mar 2025
Introduced Jan 14, 2025
Signed Mar 17, 2025
Maddy AI version diff · 1 comparison
What changed between versions
Introduced
→
Enrolled
·
3 edits
·
Mar 17, 2025
MINOR
The bill was converted from an introduced Senate file to an enrolled act, indicating it has passed both legislative chambers and is ready for the Governor's signature. The substantive policy content remains largely unchanged, with only minor formatting adjustments and page number updates reflecting the final legislative process.
Scope change
No substantive change in scope or applicability; the bill text remains consistent between versions.
TECHNICAL
Header information updated from 'Introduced' to 'Enrolled' status with updated act number (84) and legislature session details.
Page numbering and formatting adjusted to reflect final enrolled document standards.
POLICY
All substantive policy provisions regarding the Wyoming cultural trust fund, investment policies, and grant disbursement rules remain identical.
Floor votes · Senate Jan 22, 2025 · House Mar 4, 2025
How they voted
23–7
Passed · 1 other
Total votes 31
Jan 22, 2025
D
Democratic2
100% Yea
R
Republican29
72% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
20
Key actions
7
Committee
4
Mar 17, 2025
Signed into law
Governor Signed SEA No. 0084
legislature
Mar 4, 2025
Lower · Passed
H 3rd Reading:Passed 58-2-2-0-0
lower
Feb 28, 2025
Lower · Passed
H COW:Passed
lower
Feb 25, 2025
Lower · Passed
H02 - Appropriations:Recommend Do Pass 7-0-0-0-0
lower
Feb 19, 2025
Introduced
H Introduced and Referred to H02 - Appropriations
lower
Jan 22, 2025
Upper · Passed
S 3rd Reading:Passed 23-7-1-0-0
upper
Jan 21, 2025
Upper · Passed
S COW:Passed
upper
Jan 17, 2025
Upper · Passed
S02 - Appropriations:Recommend Do Pass 5-0-0-0-0
upper
Jan 14, 2025
Introduced
S Introduced and Referred to S02 - Appropriations
upper
0 primary · 0 co-sponsors
Sponsors
No sponsor information available.
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