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Wyoming budget committee preserves carryover and limited draw authority for new Stable Token Commission
Summary
During House Budget markup, lawmakers detailed a funding plan for the newly launched Wyoming Stable Token Commission that preserves a $3.8 million carryover, denies a larger governor request and allows limited access to token proceeds (up to $8 million) before statutory payback.
Representative Tim Harrelson told the Committee of the Whole that the Wyoming stable token is now active and that the commission received an initial $5,800,000 investment to build the system. He said the Joint Appropriations Committee (JAC) denied the governor's recommendation for $8,098,003.15 in general-fund support but adopted language giving the commission limited authorities and carryover flexibility.
The committee left $3,800,000 available as carryover from the last biennium and added a footnote authorizing the commission to…
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