HB0067

Requires the state treasurer to invest up to $60 million from the permanent Wyoming mineral trust fund in Wyoming Community Development Authority bonds to finance mortgage loans for veterans and first-time homebuyers.

• Authorizes the state treasurer to invest up to $60 million from the permanent Wyoming mineral trust fund in bonds issued by the Wyoming Community Development Authority to finance mortgage loans to veterans and first-time homebuyers at a rate two percent below the available mortgage rate. (W.S. 9-7-107(j), W.S. 9-7-106(a)(vi))
• Exempts investments made under this authority from the $1 billion cap on state treasurer investments for specific public purposes authorized by the legislature. (W.S. 9-4-715(n), W.S. 9-7-107(j))
• Sets a sunset date for this investment authority, repealing the requirement on July 1, 2028. (W.S. 9-7-107(j))

Effective: July 1, 2025

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