Establishes the Wyoming generational investment account with specific investment guidelines and earnings distribution.
The bill creates the Wyoming generational investment account, consisting of funds transferred or appropriated by law. The account is intended to be a permanent trust fund. The state treasurer invests all funds in the account, with the overall risk profile not exceeding a reference portfolio of 85% private equity and 15% private credit investments. Investment earnings are distributed: half to the general fund and half to the legislative stabilization reserve account. Transfers of funds occur annually, with earnings from each transfer not withdrawn for 20 fiscal years.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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