Wyoming 2025 2025 Regular Session

Wyoming Senate Bill SF0145 Engrossed / Bill

Filed 02/10/2025

                    2025
STATE OF WYOMING
25LSO-0720
ENGROSSED
1SF0145
SENATE FILE NO. SF0145
Local governments-investments in equities.
Sponsored by: Senator(s) Nethercott, Cooper, Crum, 
Dockstader and Landen and Representative(s) 
Campbell, E, Kelly and Wylie
A BILL
for
1 AN ACT relating to public funds; authorizing specified 
2 local governments to invest in equities as specified; 
3 specifying requirements for investments in equities; 
4 specifying applicability; authorizing actions; and 
5 providing for effective dates.
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9.  W.S. 9-4-831(a) by creating a new 
10 paragraph (xxix) is amended to read:
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14 (a)  The state treasurer, or treasurer of any 
15 political subdivision, municipality or special district of  2025STATE OF WYOMING25LSO-0720
ENGROSSED
2SF0145
1 this state, and the various boards of trustees and boards 
2 of directors of county hospitals, airports, fairs and other 
3 duly constituted county boards and commissions, may invest 
4 in:
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23 2025STATE OF WYOMING25LSO-0720
ENGROSSED
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5.  No political subdivision specified in W.S. 
6 9-4-831(a)(intro) shall make investments authorized in W.S. 
7 9-4-831(a)(xxix), as created by section 1 of this act, 
8 before the state loan and investment board adopts 
9 applicable investment policy statements in accordance with 
10 this act.
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12.  The state treasurer and the state loan and 
13 investment board shall take all actions necessary to 
14 implement this act.
15 2025STATE OF WYOMING25LSO-0720
ENGROSSED
4SF01451.  
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3 (a)  Except as provided in subsection (b) of this 
4 section, this act is effective immediately upon completion 
5 of all acts necessary for a bill to become law as provided 
6 by Article 4, Section 8 of the Wyoming Constitution. 
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8 (b)  Section 1 of this act is effective July 1, 2025.
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10 (END)