Wyoming legislation · 2025 General Session
Wyoming SF135: Defense of state banking-1.
Status: Failed, March 3, 2025
AN ACT relating to banks, banking and finance; allowing the attorney general to take action to defend the state's interest in the dual banking system; providing legislative findings; and providing for an effective date.
What the bill says
An act relating to banks, banking and finance; allowing the attorney general to take action to defend the state's interest in the dual banking system; providing legislative findings; and providing for an effective date.
From the introduced text:
AN ACT relating to banks, banking and finance; allowing the attorney general to take action to defend the state's interest in the dual banking system; providing legislative findings; and providing for an effective date. Section 1. When federal financial regulators overreach or abuse their authority in the regulation of Wyoming state chartered banks, the harm extends not only to the bank, but the state of Wyoming itself. Wyoming has developed innovative and rigorous banking laws which have encouraged financial institutions to locate within the state and increased revenue to the state. Federal overreach decreases revenue to the Wyoming division of banking, decreases state revenue and drives out financial institutions. Section 2. W.S. 13‐1‐901 is created to read: ARTICLE 9 DEFENSE OF STATE BANKING 13‐1‐901. Attorney general authorization to defend the state's banking interests. (a) The legislature finds and declares (ii) In order for the dual banking system to succeed, state and nationally chartered banks must be fairly treated under the law, without undue regard to the origin of a bank's charter, political inclinations or any other concerns beyond the explicit scope of the law; (iii) The state of Wyoming has an interest in ensuring that its laws authorizing state chartered banks are given due consideration by other states and the United States, and that Wyoming chartered state banks are treated …
Sponsors
- Andrew, Ocean (R, H46)
- Singh, Daniel (R, H61)
- Michael Yin (D, H16)
- Tara Nethercott (R, S04)
- Olsen, Jared (R, S08)
- Chris Rothfuss (D, S09) · primary sponsor
Latest actions
- : H:Died in Committee Returned Bill Pursuant to HR 5-4
- : H No report prior to CoW Cutoff
- : H Introduced and Referred to H09 - Minerals
- : H Received for Introduction
- : S 3rd Reading:Passed 30-1-0-0-0
- : S 2nd Reading:Passed
- : S COW:Passed
- : S09 - Minerals:Recommend Amend and Do Pass 5-0-0-0-0
- : S Placed on General File
- : S Introduced and Referred to S09 - Minerals
Votes
- S04 - Education:Recommend Do Pass 5-0-0-0-0 (February 3, 2025): 5 yea, 0 nay, passed
- S 3rd Reading:S Bill Reconsideration Motion Failed by Roll Call 14-16-1-0-0 (January 29, 2025): 14 yea, 16 nay, failed
Subjects: Defense of state banking-1.
Common questions
- What is SF135?
- SF135 is a bill in the Wyoming Legislature (2025 General Session): Defense of state banking-1.
- What does SF135 do?
- In its own words: An act relating to banks, banking and finance; allowing the attorney general to take action to defend the state's interest in the dual banking system; providing legislative findings; and providing for an effective date.
- What is the status of SF135?
- Failed as of March 3, 2025. Latest action: H:Died in Committee Returned Bill Pursuant to HR 5-4 (March 3, 2025).
- Who sponsored SF135?
- Chris Rothfuss (D, S09), with 5 co-sponsors.
- Where is the official record for SF135?
- On the Wyoming Legislature website: https://wyoleg.gov/Legislation/2025/SF0135
Source: official Wyoming record. Tracked by Delilah, AI for legislation across all 50 states and Congress.