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Senate Appropriations advances generational account bill with $100 million annual transfers, 30-year plan
Summary
The Senate Appropriations Committee approved amendments to a bill establishing a Wyoming generational account, specifying an investment profile and an initial funding path of $100 million per year for 30 years; Treasurer Meyer and committee members discussed asset allocation, expected distributions and guardrails for transfers.
The Senate Appropriations Committee on an ongoing agenda approved amended language to establish a Wyoming generational account that would direct a portion of investment earnings into a long‑term fund and set an initial funding plan of $100 million per year for 30 years.
Treasurer Meyer, State Treasurer, told the committee the amendment restores language on page 4 that would deposit “37 and a half percent of all investment earnings in the Wyoming generational account attributable to the annual transfer to the account made 30 fiscal years earlier.” He described the package as a way to create a one‑time multiyear investment tranche that would produce income for future appropriations.
The amendment makes the vehicle a statutory trust and specifies…
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