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Sovereign Wealth Funds Briefing - Categorized | Market, Performance, Research

Wyoming’s Permanent Mineral Trust Fund can’t entirely protect the budget from volatile commodity prices

Posted on 28 May 2012

The governor gave no mention what-so-ever to a source of funding that was supposed to insulate Wyoming’s budget from the whipsaw of commodities: The Wyoming Permanent Mineral Trust Fund (WPMTF)
Created thirty-eight years ago this month, the WPMTF mandated that a minimum of 1.5 percent of Wyoming severance taxes on gas, oil, coal, and other minerals be placed in a constitutionally protected trust………………………………………..Full Article: Source

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