Permanent mineral trust fund-spending policy.

HB 270 changes Wyoming's spending policy for the Permanent Mineral Trust Fund by reducing the annual spending rate from 5% to 4.5% of the fund's five-year average market value. This adjustment directly affects how the state calculates and spends earnings from the trust fund's investments each fiscal year. The bill modifies Section 9-4-719(d)(v) of Wyoming law to implement this lower spending percentage. It takes effect on July 1, 2025, applying to all future fiscal years.