SF0001S3048

This amendment adds a new section authorizing the State Treasurer to acquire and hold gold and silver bullion and specie using $22 million from the legislative stabilization reserve account.

• Creates a new Section 328 that appropriates $22,000,000 from the legislative stabilization reserve account to the State Treasurer for acquiring gold and silver bullion and specie, with restrictions on transfers or other uses of the funds. (Page 141, lines 1-33)
• Requires the State Treasurer to acquire and store within Wyoming a minimum of 3,000 ounces of gold bullion or specie and 100,000 ounces of silver bullion or specie, to the extent funds are available. (Page 142, lines 19-28)
• Prohibits the State Treasurer from liquidating assets acquired under this section without legislative authorization. (Page 142, lines 30-31)
• Makes the section effective immediately upon becoming law. (Page 142, line 33)

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