This amendment creates a new Wyoming Stable Token Commission section with a $5.8 million appropriation from the Wyoming stable token administration account and establishes a corresponding transfer mechanism from the general fund.
- Adds Section 091 to the list of budget sections referenced in Section 300 (Budget Balancers - Transfers). (Page 4, line 21)
- Creates Section 091 establishing the Wyoming Stable Token Commission with a $5.8 million appropriation from other funds (Wyoming stable token administration account) for administration purposes, with zero authorized employees. (Page 57, after line 9)Agency: Wyoming Stable Token Commission · $5,800,000 Other Funds (Wyoming stable token administration account)
- Establishes legislative intent that unobligated, unexpended monies up to $5.8 million from the Wyoming stable token administration account shall revert to the general fund on the effective date of the act. (Page 57, lines 29-32)
- Requires the Wyoming Stable Token Commission to endeavor to contract with Wyoming domiciled entities when conducting business funded by this appropriation. (Page 57, lines 26-27)
- Adds a new subsection (n) to Section 300 requiring the state auditor to transfer $5.8 million from the general fund to the Wyoming stable token administration account, reduced by any existing unobligated fund balance in that account as of June 30, 2024. (Page 68, after line 11)Agency: State Auditor (transfer authority) · $5,800,000 General Fund to Wyoming stable token administration account
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