Plain English Breakdown
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HB0277 • 2005
AN ACT relating to the Wyoming partnership challenge loan program; amending the definition of "economic disaster" to reduce the economic impact threshold; and providing for an effective date.
This bill passed the Legislature and reached final enactment based on the latest official action.
The plain English breakdown is still being put together. The official documents below are already here.
These notes stay tied to the official amendment files and metadata from the legislature.
Standing Committee • H09
Plain English: Adopted Standing Committee by H09
Standing Committee • HAWKS
Plain English: Adopted Standing Committee by HAWKS
Assigned Chapter Number - 249
Governor Signed HEA0131
S President Signed HEA No. 0131
H Speaker Signed HEA No. 0131
Assigned Number HEA0131
H Did Concur
S Passed 3rd Reading
S Passed 2nd Reading
S Passed CoW
Amendment Adopted
S Amendments Adopted
S Placed on General File
S09 Recommended Amend and Do Pass
S Introduced and Referred to S09
S Received for Introduction
H Passed 3rd Reading
H Passed 2nd Reading
H Passed CoW
Amendment Adopted
H Amendments Adopted
H Placed on General File
H09 Recommended Amend and Do Pass
H Introduced and Referred to H09
H Received for Introduction
Bill Number Assigned
2005 General Session Summary for HB0277 Bill No.: HB0277 Drafter: JWL LSO No.: 05LSO-0645 Effective Date: 7/1/2005 Enrolled Act No.: HEA0131 Chapter No.: 249 Prime Sponsor: Representative Hageman Catch Title: Wyoming partnership challenge loan program. Subject: Amends eligibility under the Wyoming Partnership Challenge Loan Program. Summary/Major Elements: Current law authorizes loans for recovery from "economic disasters" defined in part as an event causing at least $1.5 million in cumulative lost revenues to impacted businesses. This act changes that part of the definition of economic disaster by reducing the threshold impact to $1 million in lost revenues.
WORKING DRAFT ORIGINAL HOUSE BILL NO. 0277 ENROLLED ACT NO. 131, HOUSE OF REPRESENTATIVES FIFTY-EIGHTH LEGISLATURE OF THE STATE OF WYOMING 2005 GENERAL SESSION AN ACT relating to the Wyoming partnership challenge loan program; amending the definition of "economic disaster" to reduce the economic impact threshold; and providing for an effective date. Be It Enacted by the Legislature of the State of Wyoming: Section 1. W.S. 9 ‑ 12 ‑ 301(a)(v) is amended to read: 9 ‑ 12 ‑ 301. Definitions. (a) As used in this article: (v) "Economic disaster" means an event occurring in Wyoming that has an economic impact with total lost revenues to impacted businesses in a twelve (12) calendar month period of at least four million dollars ($4,000,000.00) or an economic impact with total lost revenues to impacted businesses in four (4) or less counties in a twelve (12) calendar month period of at least one million five hundred thousand dollars ($1,500,000.00) one million dollars ($1,000,000.00) . The business council may use good faith estimates of lost revenues to businesses in determining whether an event qualifies as an economic disaster. Calculation of lost revenues shall only include actual losses incurred and shall not include any future losses; Section 2. This act is effective immediately upon co m pletion of all acts necessary for a bill to become law as provided by Article 4, Section 8 of the Wyoming Constit u tion. (END) Speaker of the House President of the Senate Governor TIME APPROVED: _________ DATE APPROVED: _________ I hereby certify that this act originated in the House. Chief Clerk 1