2025
STATE OF WYOMING
25LSO-0571
ENGROSSED
1HB0271
HOUSE BILL NO. HB0271
Common school account-spending policy amount.
Sponsored by: Representative(s) Bear, Allemand, Angelos,
Heiner, Locke, Pendergraft and Smith, S and
Senator(s) Hicks, Laursen, D, McKeown and
Smith, D
A BILL
for
1 AN ACT relating to the investment of state funds;
2 decreasing the spending policy amount for the common school
3 account within the permanent land fund; specifying the
4 disposition of investment earnings and federal mineral
5 royalties; making conforming amendments; and providing for
6 an effective date.
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10. W.S. 9-4-601(d)(vi) and 9-4-719(g) and
11 (h)(v) are amended to read:
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14 2025STATE OF WYOMING25LSO-0571
ENGROSSED
2HB02711
2 (d) Except as provided in subsections (k), (m), (n)
3 and (o) of this section, any revenue received under
4 subsection (a) of this section in excess of two hundred
5 million dollars ($200,000,000.00) shall be distributed as
6 follows:
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8 (vi) From the amounts which would otherwise be
9 distributed to the school foundation program account
10 under paragraph (iii) of this subsection and paragraphs
11 (k)(i), (m)(i), (n)(i) and (o)(i) of this section, there is
12 annually appropriated to the
13 the
14 amount determined under W.S. 9-4-719(g). The appropriation
15 shall be credited
16in accordance with the following:
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22;
23 2025STATE OF WYOMING25LSO-0571
ENGROSSED
3HB02711
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11 (g) There is annually appropriated to the
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13 an amount determined under this
14 subsection from funds as provided in W.S. 9-4-601(d)(vi).
15 The amount shall be computed and calculated by the state
16 treasurer. The amount shall be equal to the extent to which
17 earnings from the common school account within the
18 permanent land fund under W.S. 9-4-204(u)(iv) exceed the
19 spending policy established in subsection (h) of this
20 section for that fiscal year. The appropriation shall be
21 credited to the as soon as
22 practicable after the end of the fiscal year but no later
23 than ninety (90) days after the end of the fiscal year. 2025STATE OF WYOMING25LSO-0571
ENGROSSED
4HB02711
2 (h) The annual spending policy for the common school
3 account within the permanent land fund is for each fiscal
4 year (FY):
5
6 (v) An amount equal to
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9 of the previous five (5) year average market
10 value of the account, calculated from the first day of the
11 fiscal year.
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13. This act is effective July 1, 2025
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15 (END)