Anti-money laundering.

This Wyoming bill (SF 116) creates new criminal offenses for money laundering and illegal investments. It defines money laundering as knowingly handling property derived from crime (like cash from theft or fraud) or structuring transactions to evade reporting rules. The law imposes penalties of up to 10 years in prison or $10,000 fines for these offenses, effective July 2025. It directly affects individuals, businesses, and financial institutions involved in transactions that conceal criminal proceeds or bypass required reporting. The bill updates Wyoming's criminal code to align with federal anti-money laundering standards.