Read the full stored bill text
20LSO-0352
ORIGINAL House
Bill No
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HB0142
ENROLLED ACT NO. 71,
HOUSE OF REPRESENTATIVES
SIXTY-FIFTH LEGISLATURE OF THE STATE OF WYOMING
2020 Budget Session
AN ACT relating to economic diversification and development; providing for the support of meat processing plants for Wyoming product export; limiting use of certain funds in the agriculture marketing subaccount within the economic diversification account to support such processing plants; and providing for an effective date.
Be It Enacted by the Legislature of the State of Wyoming:
Section 1
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W.S. 9
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12
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109(b)(ii) and by creating a new paragraph (iv) and 9
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1404(a)(i) are amended to read:
9
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109.
Promotion of agriculture.
(b)
The council shall solicit input from industry groups and in consultation with the economically needed diversity options for Wyoming (ENDOW) executive council:
(ii)
Market Wyoming grown agricultural products
in
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state
, regionally, nationally and internationally, through market development, trade shows and social media and other media outlets;
and
(iv)
Provide loans or grants to be used to fund infrastructure for mid
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sized
meat
processing plants for international and interstate sales. Loans or grants under this paragraph shall be:
(A)
Limited to funding infrastructure for plants processing
meat
products for export and for interstate sale;
(B)
Provided through a program administered by the council, including the Wyoming business ready
community program, and subject to all applicable statutes and rules governing the program.
9
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12
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1404.
Economic diversification account created; authorized expenditures.
(a)
There is created an economic diversification account. All monies in the account are continuously appropriated to the office of the governor to be used for the purposes of this article and as otherwise specified by law, including per diem, mileage and other administrative expenses of the ENDOW executive council. Notwithstanding W.S. 9
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1008 and 9
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207, funds in the account or subaccounts of the account shall not lapse at the end of the fiscal period. Interest earned on funds in the account shall be deposited to the account or appropriate subaccount. Within the account shall be subaccounts. For accounting and investment purposes only all subaccounts shall be treated as separate accounts. The subaccounts are as follows:
(i)
The agriculture marketing subaccount. Funds within this subaccount may be expended as requested by the Wyoming business council and approved by the governor or his designee to provide funding for purposes of W.S. 9
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109
and as specified by law
;
Section 2.
(a)
Except as otherwise provided in this section, f
rom funds within the agriculture marketing subaccount within the economic diversification account as of the effective date of this act, one million dollars ($1,000,000.00) shall only be expended for purposes of W.S. 9
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12
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109(b)(iv), as created by this act. Any expenditure
of these funds shall be subject to the provisions of W.S. 9
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1404(a)(i).
(b)
If no funds have been expended or obligated as authorized by subsection (a) of this section prior to January 1, 2025, the funds subject to subsection (a) of this section shall not be restricted as provided in subsection (a) of this section and may be expended pursuant to W.S. 9
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1404(a)(i).
Section 3
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This act is effective July 1, 2020
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(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
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