Establishes a school generational account within the permanent land fund in Wyoming.
The bill creates a school generational account within the permanent land fund in Wyoming, intended to increase revenues through long-term investment strategies. It establishes a school generational income account for earnings, which cannot be expended for at least 22 years. The bill appropriates $100 million from the sale of state school trust lands to the account. Investment policies aim to match the risk profile of a reference portfolio consisting of 70% global equities and 30% domestic fixed income investments. The account is designed to be inviolate as perpetual school funds.
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- Core Provisions
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- Legal Framework
- Critical Issues
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