Wyoming generational investment account.

HB 164 creates the Wyoming Generational Investment Account, a permanent trust fund designed to save state money for future generations. Starting July 1, 2026, the state will transfer $100 million annually from the legislative stabilization reserve into this account, with funds invested per specific rules (85% private equity, 15% private credit). Investment earnings from these transfers cannot be withdrawn for 20 years; after that, half the earnings go to the general fund and half to the stabilization reserve. The bill directly affects state budgeting by redirecting annual transfers and setting long-term investment rules for these funds.