Plain English Breakdown
The bill did not pass, so its exact effects are unknown.
Made in Wyoming
This act requires private entities receiving state resources through certain programs to label their products or projects with 'Made in Wyoming' or a similar phrase.
What This Bill Does
- Requires private entities receiving state resources through specific programs to label resulting products, services, or projects with 'Made in Wyoming' or 'made possible by the State of Wyoming'.
- Gives the Economic Development Council (ENDOW), the state loan and investment board, and the office of state lands and investments the power to discontinue agreements with companies that do not follow these labeling rules.
Who It Names or Affects
- Private entities receiving resources from Wyoming's economic development programs.
- The Economic Development Council (ENDOW).
- State agencies like the state loan and investment board and the office of state lands and investments.
Terms To Know
- Economic Development Council (ENDOW)
- A council in Wyoming that works on economic development projects.
- Private entities
- Businesses or organizations that are not run by the government.
Limits and Unknowns
- The bill did not pass and is marked as inactive, meaning it will not become law in this session.
- It does not specify what happens if a company fails to label their products correctly after receiving state resources.