The Wyoming Constitution allows the state to invest state funds in equities such as the stock of corporations, but does not allow the funds of counties, cities and other political subdivisions to be invested in equities.

The adoption of this amendment would allow the funds of counties, cities and other political subdivisions to be invested in equities to the extent and in the manner the legislature may allow by law.

Any law authorizing the investment of specified political subdivision funds in equities would require a two-thirds (2/3) vote of both houses of the Legislature.