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Revenue Committee advances Wyoming Gold Act after testimony from precious‑metals industry
Summary
The Revenue Committee voted 3–2 to advance Senate File 96, the "Wyoming Gold Act," after testimony from a Casper precious‑metals manufacturer and debate over where state‑held gold would be stored and overseen.
The Revenue Committee advanced Senate File 96, known as the Wyoming Gold Act, by a 3–2 roll‑call vote after hearing industry testimony and debate over how the state would hold physical gold.
The bill would require the state to hold not less than $10,000,000 in specie or specie legal tender in a specified account; committee members amended the draft to direct the holdings specifically to the Permanent Mineral Trust Fund and to insert the word “capital” before “financing” in one cross‑reference.
The measure drew testimony from Joshua Fair, who identified himself as a Casper business owner and the operator of Scottsdale Mint and the Wyoming Reserve Opportunity Zone Fund Corporation. Fair described vaulting, insurance and audit…
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