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HB0262

Limiting County Reserves

Last scannedOct 23, 2026, 2:19 AM

In one sentence

This act sets limits on how much money counties in Wyoming can keep in reserve and requires them to report their reserves annually.

What it does

  • Establishes a limit on the amount of reserves that counties may maintain, based on their average spending over the past five fiscal years excluding specific purpose taxes.
  • Requires counties to calculate and estimate excess funds annually and report these amounts to the state's Department of Revenue.
  • Requires counties with excess funds to refund those funds to residents who have lived in the county for at least one year.

Who it affects

  • Counties in Wyoming
  • Residents of Wyoming counties

Limits and unknowns

  • This bill is inactive and was not passed during the current session.
  • The act does not specify what happens if counties do not comply with refunding requirements beyond withholding payments from the state treasurer.

Plain language

Terms to know

Annual spending amount
The average total expenditures for a county over the past five fiscal years, excluding amounts collected through any specific purpose tax that is approved by the voters of the county.
Excess funds
Funds held by a county in excess of its annual spending amount.

Official record

Sources

Source checked

Official activity

Bill history

  1. H:Died in Committee Returned Bill Pursuant to HR 5-4House
  2. H No report prior to CoW CutoffHouse
  3. H Introduced and Referred to H07 - CorporationsHouse
  4. H Received for IntroductionHouse
  5. Bill Number AssignedLSO