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HB 0013 - Investment of public funds.

Tracking Level: Support
Sponsor: Michael Madden
Last Action: 2/21/2017 - Chapter No. 33 Session Laws of Wyoming 2017
House Committee:
Assigned To:
11 - Finance and ProcurementNext Bill

Staff Analysis of the Legislation

This bill clarifies the fiduciary role of local government investment agents given in the 2016 Legislative Session.  It reiterates they are subject to the Wyoming Uniform Prudent Investor Act and are subject to the state's jurisdiction. This stresses adequate due diligence when investing public funds - including local governments.


Bill Summary from the State Site - Click for the State Summary Page / Click for Current Full Text