WY
Wyoming Senate Bill SF0119
Wyoming 2026 Regular Session
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Wyoming 2026 Regular Session

Wyoming Senate Bill SF0119

Introduced
2/13/26  
Report Pass
2/16/26  
Engrossed
2/23/26  
Refer
2/24/26  
Report Pass
2/25/26  
Enrolled
2/27/26  

Caption

AN ACT relating to public funds; repealing the strategic investments and projects account; providing for the transfer from and the reversion of funds from the strategic investments and projects account; revising limits on budget recommendations; making conforming amendments; amending the disposition of investment earnings and deposits as specified; repealing obsolete provisions; and providing for an effective date.

Impact

The bill's passage will significantly impact the management of public funds in Wyoming. By eliminating the strategic investments and projects account, the bill intends to centralize fund allocations, allowing unobligated funds to funnel directly into the general fund. This could lead to more immediate funding available for critical areas, such as the public school foundation program, where 45% of certain available funds will be appropriated to enhance the educational framework within the state.

Summary

Senate File 0119, also known as the Strategic Investments and Projects Account Repeal Bill, aims to repeal the existing strategic investments and projects account in Wyoming. This bill establishes processes for transferring funds from this account into the general fund while modifying regulations on budget recommendations. By repealing this particular fund, legislators aim to streamline budgeting processes and allocate resources more effectively to other essential areas of government spending, particularly education.

Sentiment

Overall sentiment around SF0119 appears to be positive among lawmakers prioritizing efficient fund management. Supporters especially note the importance of the bill in ensuring that unspent reserves contribute directly to pressing needs, such as education. However, there may be concerns from stakeholders who benefited from the specific allocations previously managed under the strategic investments and projects account, indicating a potential divide in perspectives regarding fiscal prioritization priorities.

Contention

While the bill is predominantly supported, there are notable points of contention regarding the withdrawal of specific funding categories previously covered under the repealed account. Critics may argue that specific targeted programs could suffer from lack of funding as broad allocations to the general fund may not address localized needs effectively. The debate thus reflects broader concerns over fiscal management versus targeted investment in communities.

Latest WY SF0119 Activity

View All Events: WY 2026 Regular Session SF0119

Companion Bills

No companion bills found.

Previously Filed As

WY SF0169

Strategic investments and projects account-repeal.

WY SF0191

State funds-proxy voting and pecuniary investments.

WY SF0197

Wyoming generational investment account-2.

WY HB0107

Wyoming generational investment account.

WY HB0293

Repealing the school foundation program reserve account.

WY SF0145

Local governments-investments in equities.

WY HB0230

Wyoming interstate study and safe highways investment act.

WY SF0070

Investment modernization-state nonpermanent funds.

WY HB0201

State funds-investment in Bitcoin.

WY SF0168

Budget reserve account-repeal.

Similar Bills

MD SB282

Budget Bill (Fiscal Year 2027)

MD HB390

Budget Bill (Fiscal Year 2027)

MD HB350

Budget Bill (Fiscal Year 2026)

MD SB319

Budget Bill (Fiscal Year 2026)

PA HB1330

To provide appropriations from the General Fund for the expenses of certain agencies of the Executive Department for the fiscal year July 1, 2025, to June 30, 2026, and for the payment of bills incurred and remaining unpaid at the close of the fiscal year ending June 30, 2025.

PA SB160

To provide appropriations from the General Fund for the expenses of the Executive, Legislative and Judicial Departments of the Commonwealth, the public debt and the public schools for the fiscal year July 1, 2025, to June 30, 2026, and for the payment of bills incurred and remaining unpaid at the close of the fiscal year ending June 30, 2025; to provide appropriations from special funds and accounts to the Executive and Judicial Departments for the fiscal year July 1, 2025, to June 30, 2026, and for the payment of bills remaining unpaid at the close of the fiscal year ending June 30, 2025; to provide for the appropriation of Federal funds to the Executive and Judicial Departments for the fiscal year July 1, 2025, to June 30, 2026, and for the payment of bills remaining unpaid at the close of the fiscal year ending June 30, 2025; and to provide for the additional appropriation of Federal and State funds to the Executive and Legislative Departments for the fiscal year July 1, 2024, to June 30, 2025, and for the payment of bills incurred and remaining unpaid at the close of the fiscal year ending June 30, 2024.

PA SB1220

To provide appropriations from the General Fund for the expenses of the Executive, Legislative and Judicial Departments of the Commonwealth, the public debt and the public schools for the fiscal year July 1, 2026, to June 30, 2027, and for the payment of bills incurred and remaining unpaid at the close of the fiscal year ending June 30, 2026; to provide appropriations from special funds and accounts to the Executive and Judicial Departments for the fiscal year July 1, 2026, to June 30, 2027, and for the payment of bills remaining unpaid at the close of the fiscal year ending June 30, 2026; to provide for the appropriation of Federal funds to the Executive and Judicial Departments for the fiscal year July 1, 2026, to June 30, 2027, and for the payment of bills remaining unpaid at the close of the fiscal year ending June 30, 2026.

PA SB280

To provide appropriations from the General Fund for the expenses of the Executive, Legislative and Judicial Departments of the Commonwealth, the public debt and the public schools for the fiscal year July 1, 2025, to June 30, 2026, and for the payment of bills incurred and remaining unpaid at the close of the fiscal year ending June 30, 2025; to provide appropriations from special funds and accounts to the Executive and Judicial Departments for the fiscal year July 1, 2025, to June 30, 2026, and for the payment of bills remaining unpaid at the close of the fiscal year ending June 30, 2025; to provide for the appropriation of Federal funds to the Executive and Judicial Departments for the fiscal year July 1, 2025, to June 30, 2026, and for the payment of bills remaining unpaid at the close of the fiscal year ending June 30, 2025; and to provide for the additional appropriation of Federal and State funds to the Executive and Legislative Departments for the fiscal year July 1, 2024, to June 30, 2025, and for the payment of bills incurred and remaining unpaid at the close of the fiscal year ending June 30, 2024.