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Senate adds rider to generational investment account bill to limit transfers from rainy day fund

2269951 · February 11, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Senate File 197's amendment adds graduated transfer thresholds from the Legislative Stabilization Reserve Account (LSRA) to a proposed generational investment account, delays the effective date to July 1, 2026, and makes transfers contingent on other statutory obligations being met. Sponsors said the changes put "sideboards"

Cheyenne — The Wyoming Senate approved a second‑reading amendment to Senate File 197 that modifies planned transfers from the Legislative Stabilization Reserve Account (LSRA) to a proposed Wyoming Generational Investment Account.

Senator Hicks, who moved the amendment, said it adds a rider to the original transfer language and establishes graduated transfer amounts tied to the LSRA balance. Under the…

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