Wyoming To Vote In 2022 To Allow Local Governments To Invest In Stocks And Equities – Sheridan Media

This story first appeared on Cowboy State Daily
By Jackie Mitchell, Ballotpedia via The Center Square for Cowboy State Daily
The Wyoming State Legislature referred a constitutional amendment to the 2022 ballot that would allow the legislature to provide by law for local governments (county, city, township, town, school district, or other political subdivision) to invest funds in stocks and equities.
Legislation establishing or increasing the percentage of funds a local government could invest would require a two-thirds supermajority vote of the state legislature. Currently, the state constitution allows the state legislature to authorize certain state funds to be invested in stocks.

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