Sen. Tara Nethercott

Maddy summaryThis bill repeals Wyoming's "strategic investments and projects account" and requires all remaining funds in that account to be transferred to the state general fund by July 1, 2026. It eliminates a dedicated state fund that previously held money for capital projects, redirecting those resources to the general budget. The bill also includes reporting requirements for the state auditor on the transfer process. This is a procedural budget adjustment affecting state fund management, not a policy change impacting specific programs or constituents.

Maddy summaryThis bill allows special purpose depository institutions (SPDIs) in Wyoming to convert into public trust companies. It removes restrictions requiring SPDIs to serve only legal entities and lowers the minimum deposit requirement from $5,000 to $1,000. The bill also repeals a supervision fee for banks offering digital asset custodial services and creates a formal application process for conversion, including shareholder approval and detailed asset/liability plans. SPDIs converting under this law must adopt a new business name and operate as public trust companies without using terms like "bank" or "special purpose depository institution."

Maddy summaryThis bill requires Wyoming's state treasurer and retirement board to make all investment decisions based solely on financial factors ("pecuniary factors") that maximize returns while managing risk. It prohibits considering environmental, social, governance, political, or ideological interests - explicitly stating such factors "have crippled, corrupted, disadvantaged, subverted, damaged or otherwise harmed" Wyoming's financial well-being. The law mandates that investment entities (like the retirement board) avoid "nonpecuniary diversions," vet vendors to ensure compliance, and may use proxy voting or divestment to enforce financial focus. It directly affects how state retirement funds and other public investments are managed, ensuring decisions prioritize financial outcomes over external policy goals.

Maddy summaryHB 279 clarifies the order in which multiple property tax exemptions apply to a single property in Wyoming. It requires the Department of Revenue to apply exemptions sequentially: percentage-based exemptions (like senior citizen discounts) must be applied from smallest to largest percentage, while non-percentage exemptions (like homestead exclusions) come after. This affects property owners who qualify for more than one exemption, ensuring consistent application without conflicting reductions. The bill does not change existing exemptions but mandates a specific, transparent process for their combined use. It takes effect immediately upon becoming law.

Maddy summaryHB 136 allows volunteer firefighters, emergency medical technicians, and search/rescue personnel in Wyoming to join the state employees' group health insurance plan without being disqualified due to participation in government health programs - except for the Affordable Care Act marketplace. It permits first responder departments to contribute toward volunteers' insurance premiums and requires volunteers to submit annual proof of their active status to their department. The bill takes effect July 1, 2025, and modifies existing rules to streamline enrollment and ongoing eligibility for these volunteers.

Maddy summaryThis bill establishes a uniform 9.5% property tax rate for all residential real property in Wyoming, including owner-occupied primary residences, single-family homes, condos, mobile homes, and related land (up to 35 acres). It defines "owner occupied primary residence" as property where the owner lives at least six months annually and clarifies "residential real property" to include dwellings for up to four families. The change applies to all residential property classes, replacing prior differentiated rates, and takes effect for tax year 2025. It directly affects Wyoming homeowners and property assessors by standardizing the tax calculation method.

Maddy summaryWyoming's SF 97 revises the state's uniform trust code to clarify key rules for trust management. It defines "qualified trustee" to include regulated financial institutions while restricting non-residents or unlicensed individuals from serving in this role. The bill removes time limits (perpetuities) for noncharitable purpose trusts, allows trustees to reimburse trust owners for tax costs attributable to the trust, and specifies who must receive court notice for trust-related cases. These changes apply to all trusts governed by Wyoming law created or subject to the code on or after July 1, 2025.

Maddy summaryHB 275 amends Wyoming's felony animal cruelty law to specifically address wildlife. It makes it a felony to intentionally torture, torment, or mutilate wildlife *after* it has been captured ("reduced to possession"), while allowing immediate killing of captured wildlife without violation. The bill adds penalties including license revocation for hunters or trappers convicted under this provision and clarifies that trap owners aren't required to check traps before the time mandated by wildlife regulations. It also removes a reporting requirement for wildlife taken by animal damage control agents.

Maddy summaryThis bill (SF 145) allows Wyoming local governments - such as cities, counties, and special districts - to invest public funds in stocks (equities) for the first time. It creates a new investment category under existing law, requiring these investments to follow state investment policies set by the State Loan and Investment Board. Local governments may also form advisory boards for investment guidance, but these stock investments are exempt from certain prior restrictions. The change takes effect July 1, 2025, after the state board adopts necessary policies.

Maddy summarySF 89 repeals Wyoming's bed expansion limitations for hospitals and nursing care facilities, removing the requirement for state approval before adding beds. It modifies health facility regulations so the Department of Health can only review plans for health and life safety compliance, not bed count increases. The bill requires the Department of Health to report to the legislature by September 2029 on how the change affects facility construction and operations. This law takes effect July 1, 2025. (Bill SF 89, Certificate of Need Repeal-2)