State-managed local government equity investment pool.

SF 90 creates a state-managed investment pool allowing Wyoming cities, towns, counties, school districts, and other local governments to pool their existing funds for equity investments (like stocks) through the state treasurer. Local entities must acknowledge investment risks in writing and cannot seek state reimbursement for losses. The state treasurer will set rules for fund transfers, withdrawals, minimum pool sizes, and fees covering only actual costs. This bill modifies existing investment rules (W.S. 9-1-419) without creating new government spending, effective July 1, 2024.