Wyoming Revenues: A Lesson in Transparency
~~ by Amy Edmonds~~~~
In 1974 the Wyoming Legislature created the Permanent Wyoming Mineral Trust Fund (PWMTF) by passing a constitutional amendment that was ratified by the people of Wyoming on November 5, 1974. This amendment made the PWMTF a constitutionally protected, inviolable fund fueled by a one-and-a-half percent severance tax on the gross value of coal, petroleum, natural gas, oil shale,