The proposed bill establishes new offenses related to money laundering and illegal investments in Wyoming, creating sections 6-3-1101 through 6-3-1103 in the state law. It defines "financial or business institution" and outlines the criteria for money laundering, which includes knowingly transporting or engaging in transactions involving property derived from criminal activity. The penalties for money laundering are set as a felony, with potential imprisonment for up to ten years and fines not exceeding $10,000. The bill also provides options for grading the offense based on the severity of the underlying crime or the value of the property involved.

Additionally, the bill defines illegal investment as actions taken to evade transaction reporting requirements, including causing a financial institution to fail to report or structuring transactions to avoid reporting thresholds. Similar to money laundering, illegal investment is classified as a felony with the same penalties. The act is set to take effect on July 1, 2026.