Northern Wyoming Daily News - Serving the Big Horn Basin for over 100 years

Wyoming voters to decide allocation of state investments 


September 14, 2016

CHEYENNE (AP) — Wyoming voters will decide in November whether to change the state constitution to allow the investment of billions more dollars of state funds in the stock market.

Supporters say the move would allow the state to reap higher returns. Opponents counter that the state shouldn’t bet money it can’t afford to lose.

The Wyoming constitution currently allows the Legislature to direct the investment of state permanent funds and the funds of the state public employee retirement system into stocks and other equities.

Currently, state law limits stock investments to 55 percent o...

For access to this article please sign in or subscribe.


Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2018

Rendered 10/16/2018 03:16