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HB0110 • 2009

Wyoming business ready community program.

AN ACT relating to economic development; providing for grants under the Wyoming business ready community program; expanding projects available for funding; and providing for an effective date.

Land Technology
Enacted

This bill passed the Legislature and reached final enactment based on the latest official action.

Sponsor
Minerals
Last action
2009-02-25
Official status
enrolled
Effective date
7/1/2009

Plain English Breakdown

The plain English breakdown is still being put together. The official documents below are already here.

Amendments

These notes stay tied to the official amendment files and metadata from the legislature.

HB0110HS001

Standing Committee • H09

Adopted, Corrected

Plain English: Adopted, Corrected Standing Committee by H09

  • This amendment summary is using official source text because generated interpretation was skipped for this run.
  • The official amendment text was available, but an easy plain-English summary could not be produced automatically during the last sync.
HB0110S2001

2nd reading • PERKINS

Failed

Plain English: Failed 2nd reading by PERKINS

  • This amendment summary is using official source text because generated interpretation was skipped for this run.
  • The official amendment text was available, but an easy plain-English summary could not be produced automatically during the last sync.

Bill History

  1. 2009-02-25 LSO

    Assigned Chapter Number - 30

  2. 2009-02-25 Governor

    Governor Signed HEA No. 0012

  3. 2009-02-23 Senate

    S President Signed HEA No. 0012

  4. 2009-02-20 House

    H Speaker Signed HEA No. 0012

  5. 2009-02-17 LSO

    Assigned Number HEA No. 0012

  6. 2009-02-17 Senate

    S Passed 3rd Reading

  7. 2009-02-13 Senate

    S Passed 2nd Reading

  8. 2009-02-13 Senate

    Amendment Failed

  9. 2009-02-12 Senate

    S Passed CoW

  10. 2009-02-03 Senate

    S Placed on General File

  11. 2009-02-03 Senate

    S09 Recommended Do Pass

  12. 2009-01-30 Senate

    S Introduced and Referred to S09

  13. 2009-01-30 Senate

    S Received for Introduction

  14. 2009-01-28 House

    H Passed 3rd Reading

  15. 2009-01-27 House

    H Passed 2nd Reading

  16. 2009-01-26 House

    H Passed CoW

  17. 2009-01-26 House

    H Amendments Adopted

  18. 2009-01-26 House

    Amendment Adopted

  19. 2009-01-21 House

    H Placed on General File

  20. 2009-01-21 House

    H09 Recommended Amend and Do Pass

  21. 2009-01-13 House

    H Received for Introduction

  22. 2009-01-13 House

    H Introduced and Referred to H09

  23. 2009-01-06 LSO

    Bill Number Assigned

Official Summary Text

Bill No.: <billno> Drafter: <drafterinit>

Bill No.:
HB0110
Drafter:

MRW

LSO No.:
09LSO-0107
Effective Date:

7/1/2009

Enrolled Act No.:
HEA0012

Chapter No.:
30

Prime Sponsor:
Joint Minerals, Business and Economic
Development Interim Committee

Catch Title:
Wyoming business ready community program.

Subject:
Wyoming business ready community program data generation and information technology storage
grants.

Summary/Major Elements:

Provides for grants
under the Wyoming business ready community program that will:

Improve the development
of businesses that provide data generation and information technology
storage capabilities;

Encourage and provide
for the expansion of existing businesses providing information technology
storage enterprises;

Provide a reduction of
the costs of electrical power or bandwidth or both, to businesses as
provided above if the business invests a specific amount of capital,
provides for a specific minimum payroll amount, provides discounted data
storage services to the political subdivision receiving the grant and the
business agrees to repay with a reasonable rate of return any funds
received to reduce costs if the business relocates prior to the
expiration of five (5)years from the date of first receiving funds.

Current Bill Text

Read the full stored bill text 
WORKING DRAFT

ORIGINAL HOUSE

BILL

NO.
0110

ENROLLED ACT NO. 12, HOUSE OF REPRESENTATIVES

SIXTIETH LEGISLATURE OF THE STATE OF
WYOMING
2009 GENERAL SESSION

AN ACT relating to
economic development;
providing for grants under the
Wyoming
business ready community program; expanding projects available for funding;
and providing for an effective date.

Be It Enacted by the Legislature of the State of
Wyoming
:

Section 1.

W.S. 9
‑
12
‑
601 by creating a new subsection (j) and by renumbering (j) as (k) is amended to read:

9
‑
12
‑
601.

Wyoming
business ready community program; purpose; creation; rulemaking.

(j)

Grants

may be made by the council for projects
, in accordance with rules of the council,
which
:

(i)

I
mprove the development of
businesses that will provide
data generation and information technology storage capabilities statewide or in
municipalities
of the state;

(ii)

Encourage and provide for the expansion of existing
businesses providing
information technology
storage

enterprises in the state, including those developed through the University of Wyoming business technology center;

(iii)

P
rovide a reduction of the costs of electrical power or bandwidth, or both, to businesses meeting the provisions of paragraph
(j)
(i)
or
(ii) of this
section
.

In exchange for providing these reductions in costs, the political subdivision receiving the grant and providing the reduction in costs shall contract with the business to receive direct

benefits and indirect economic development benefits including:

(A)

A specific amount of capital investment by the business;

(B)

A specific minimum payroll created by the business;

(C)

The provision of information technology
storage
services to the state or the

political subdivision at a price discounted from the fair market value of the services; and

(D)

An agreement to repay
with a reasonable rate of return
any funds received to reduce costs if the

business relocates from the political subdivision prior to the expiration of five (5) years

from
the date of
first receiving funds.

(j)
(k)

As used in this article:

(i)

"Community development organization" means as defined by W.S. 9
‑
12
‑
301(a)(ii);

(ii)

"State development organization" means as defined by W.S. 9
‑
12
‑
301(a)(iv).

Section 2.

This act is effective July 1, 2009.

(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