SF0119

Repeals the strategic investments and projects account and transfers its remaining funds to the general fund effective July 1, 2026.

• Repeals W.S. 9-4-220 (the strategic investments and projects account statute) and related provisions in W.S. 9-4-719(b)(i). (Section 2, W.S. 9-4-220, W.S. 9-4-719(b)(i))
• Transfers all funds from the strategic investments and projects account to the general fund on July 1, 2026, except funds in the Wyoming state penitentiary capital construction account. (Section 4)
• Requires the state auditor to pay any unexpended appropriated or obligated funds from the strategic investments and projects account from the general fund. (Section 4)
• Redirects funds that would have reverted to the strategic investments and projects account to revert to the general fund instead, and deposits all accrued revenues that would have gone to the account into the general fund. (Section 4)
• Removes the requirement that earnings in excess of 2.5% of the previous five-year average market value of the permanent Wyoming mineral trust fund be credited to the strategic investments and projects legislative stabilization reserve account. (Section 1, W.S. 9-4-719(q)(i))
• Transfers the Wyoming state penitentiary capital construction account out of the strategic investments and projects account structure, making it a standalone account. (Section 1, W.S. 9-4-220.1(a))
• Requires the state auditor to report to the joint appropriations committee on transfer amounts by October 31, 2026 and October 31, 2027. (Section 5)

Effective: July 1, 2026

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