SF0021

Amends Wyoming's stable token law to allow gifts and donations to the trust account, adjust investment reserve requirements, and modify fund distribution priorities.

• Authorizes the Wyoming stable token commission to accept and deposit federal grants, contributions, gifts, transfers, bequests, and donations from any source into the Wyoming stable token trust account. (W.S. 40-31-106(a), Sec. 1)
• Reduces the minimum reserve requirement in the Wyoming stable token trust account from 102% to 100% of the notional value of all outstanding issued Wyoming stable tokens. (W.S. 40-31-106(b), Sec. 1)
• Changes the threshold for transferring excess investment earnings from the trust account to the administration account from 102% to 100% of the notional value of outstanding Wyoming stable tokens. (W.S. 40-31-106(b), Sec. 1)
• Modifies the priority distribution of funds in the Wyoming stable token administration account by establishing a new first priority to transfer funds to the trust account to ensure investment earnings reach 102% of the notional value of outstanding tokens. (W.S. 40-31-106(c), Sec. 1)
• Maintains the commission's authority to retain savings in the administration account consistent with rules set by the commission, and requires quarterly distribution of any remainder to the public school foundation program account. (W.S. 40-31-106(c), W.S. 21-13-306(a), Sec. 1)

Effective: July 1, 2026

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