Committee backs lowering Mineral Trust Fund distribution from 5% to 4.5%
House Bill 270 would reduce the Permanent Wyoming Mineral Trust Fund spending/distribution policy from 5% to 4.5% to build the reserve and grow the corpus; the Appropriations Committee voted 6‑1 to report the bill do pass after a brief presentation and questions.
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The House Appropriations Committee voted to report House Bill 270 do pass by a 6‑1 margin after the sponsor described the bill as a change to the Permanent Wyoming Mineral Trust Fund distribution policy designed to grow the corpus and improve long‑term returns.
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