Wyoming's Treasurer Endorses Constitutional Amendment A

Oct 21, 2016

Credit treasurer.state.wy.us

Wyoming voters will be asked to support a Constitutional Amendment this November that will change the way the state treasurer can manage Wyoming’s rainy day accounts and endowments.

Called Constitutional Amendment A, it will allow the state treasurer to invest that money in the equities market and the expectation is that it will help grow those funds.

Some are concerned that this could put funds at risk, but State Treasurer Mark Gordon says the amendment would allow the Treasurer to manage these funds like the state currently manages to Permanent Mineral Trust fund. He joins us to discuss the proposal.