SF0075 • 2012

Business ready community program-planning.

AN ACT relating to business ready community grants; providing for grants and loans for planning purposes; and providing for an effective date.

Enacted

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

Sponsor: Senator Driskill
Last action: 2012-03-16
Official status: enrolled
Effective date: 7/1/2012

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.

SF0075SS001

Standing Committee • BEBOUT

Adopted

Plain English: Adopted Standing Committee by BEBOUT

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

2012-03-16 LSO
Assigned Chapter Number
2012-03-15 Governor
Governor Signed SEA0046
2012-03-07 House
H Speaker Signed SEA No. 0046
2012-03-07 Senate
S President Signed SEA No. 0046
2012-03-07 LSO
Assigned Number SEA0046
2012-03-07 House
H Passed 3rd Reading
2012-03-06 House
H Passed 2nd Reading
2012-03-05 House
H Passed CoW
2012-03-02 House
H Placed on General File
2012-03-02 House
H09 Recommended Do Pass
2012-02-29 House
H Introduced and Referred to H09
2012-02-29 House
H Received for Introduction
2012-02-28 Senate
S Passed 3rd Reading
2012-02-27 Senate
S Passed 2nd Reading
2012-02-24 Senate
S Passed CoW
2012-02-24 Senate
S Amendments Adopted
2012-02-24 Senate
Amendment Adopted
2012-02-21 Senate
S Placed on General File
2012-02-21 Senate
S09 Recommended Amend and Do Pass
2012-02-16 Senate
S Introduced and Referred to S09
2012-02-14 Senate
S Received for Introduction
2012-02-13 LSO
Bill Number Assigned

Official Summary Text

SF0075

Bill No.:
SF0075
Drafter:

LGC

LSO No.:
12LSO-0290
Effective Date:

July 1, 2012

Enrolled Act No.:
SEA0046

Chapter No.:
CH0093

Prime Sponsor:
Senator
Driskill

Catch Title:
Business
ready community program-planning.

Subject:
Providing
for planning grants and loans.

Summary/Major Elements:

Under current law, grants and loans under the business ready
communities grant and loan program may be made for economic development of
infrastructure projects including the purchase of land, buildings, facilities,
telecommunications infrastructure, rights of way, airports, sewer and water
projects, roads, landscaping, recreational and convention facilities or other
infrastructure.

This act allows for business ready communities grants and loans
for planning of those projects. This act limits those planning grants and
loans as follows:

Grants and loans for planning shall not exceed 2% of the total
amount appropriated to the program in any fiscal year;

Grants or loans for planning shall not exceed $100,000 per
project;

Grants and loans for planning are subject to a 25% match
requirement, which match may not be met through funds received from a community
development block grant.

Current Bill Text

Read the full stored bill text

WORKING DRAFT

ORIGINAL SENATE
FILE

NO.
0075

ENROLLED ACT NO. 46, SENATE

SIXTY-FIRST LEGISLATURE OF THE STATE OF WYOMING
2012 BUDGET SESSION

AN ACT relating to
business ready community grants; providing for grants and loans for planning purposes;

providing restrictions on grants and loans for planning purposes;
and providing for an effective date.

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

Section 1.

W.S. 9
‑
12
‑
601(b)
and by creating a new subsection (m)
is amended to read:

9
‑
12
‑
601.

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

(b)

The council shall establish and administer a Wyoming business ready community program as provided by this article. Any city, town or county may submit an application to the council for a grant or loan under the program on forms prescribed by and subject to rules promulgated by the council. Grants or loans may be applied for by a joint powers board with the approval of all participating agencies to the joint powers agreement. Grants and loans may be made by the council for economic or educational development
, planning or
infrastructure projects, including the purchase of land, buildings, facilities, telecommunications infrastructure, rights of way, airports, sewer and water projects, roads, landscaping, recreational and convention facilities or other infrastructure determined by the council to be consistent with the purposes of this article. In adopting rules and making grants and loans under this article the council shall require all projects to be related to economic or educational development
, planning or
infrastructure, which shall not include rehabilitation or expansion of existing infrastructure unless the council determines the rehabilitation or expansion is necessary to
meet the purposes of this article.

Planning grants and loans shall be limited as provided in subsection (m) of this section.
All grants, loans or cooperative agreements made under this article shall be referred by the council to the state loan and investment board for final approval or disapproval. The state loan and investment board may adopt rules as necessary to implement its duties under this article.

(m)

Planning grants and loans shall:

(i)

Not exceed two percent (2%) of the total amount appropriated to the business ready community program in any fiscal year;

(ii)

Not exceed one hundred thousand dollars ($100,000.00) per project;

(iii)

Be subject to a twenty-five percent (25%) match requirement, which match shall not be met through funds received from a community development block grant.

Section 2.

This act is effective July 1, 201
2
.

(END)

Speaker of the House

President of the Senate

Governor

TIME APPROVED: _________

DATE APPROVED: _________

I hereby certify that this act originated in the Senate.

Chief Clerk