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HB0050 • 2021

Local government distributions-revisions.

AN ACT relating to local government funding; reducing a prior appropriation; making conforming changes to the related funding formulas; and providing for an effective date.

Budget
Inactive

Wyoming marks this bill as inactive, which usually means it is no longer moving in the current session.

Sponsor
Appropriations
Last action
2021-04-07
Official status
inactive
Effective date
3/1/2021

Plain English Breakdown

The bill summary text was not provided and the official digest did not contain detailed information about the bill's content.

Changes to Local Government Funding

This act reduces funding from a special account and changes how local governments receive their share.

What This Bill Does

  • Reduces the amount of money given from the legislative stabilization reserve account to local government offices.
  • Adjusts how cities and towns receive their share of the reduced funds based on specific distribution formulas.
  • Modifies how counties get their part of the reduced funds according to new distribution rules.

Who It Names or Affects

  • Local governments in Wyoming, including cities, towns, and counties.

Terms To Know

Legislative Stabilization Reserve Account
A special account where the state keeps money for emergencies or to help local governments.

Limits and Unknowns

  • The bill did not pass and is no longer active.
  • It's unclear how local governments will be affected if this act does not become law.

Bill History

  1. 2021-04-07 House

    H:Died in Committee Returned Bill Pursuant to HR 5-4

  2. 2021-03-22 House

    H No report prior to CoW Cutoff

  3. 2021-01-12 House

    H Introduced and Referred to H02 - Appropriations

  4. 2021-01-12 House

    H Received for Introduction

  5. 2021-01-08 LSO

    Bill Number Assigned

Current Bill Text

Read the full stored bill text 
21LSO-0357
2021
STATE OF WYOMING
21LSO-0357
Numbered
2.0

HOUSE BILL NO. HB0050

Local government distributions-revisions.

Sponsored by: Joint Appropriations Committee

A BILL

for

AN ACT relating to local government funding; reducing a prior appropriation; making conforming changes to the related funding formulas; and providing for an effective date.

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

Section 1
.

2020 Wyoming Session Laws, Chapter 33, Section 1(a)(intro), (b)(intro) and (c)(intro) is amended to read:

[LOCAL GOVERNMENT DISTRIBUTIONS I]

Section 1.

(a)

From the legislative stabilization reserve account created by W.S. 9
‑
4
‑
219(a) there is appropriated
one hundred five million dollars ($105,000,000.00)
ninety-nine million seven hundred fifty thousand dollars ($99,750,000.00)
to the office of state lands and investments
to
as provided in this subsection. Fifty-two million five hundred thousand dollars ($52,500,000.00) shall be available in the first fiscal year of the biennium and forty-seven million two hundred fifty thousand dollars ($47,250,000.00) shall available in the second fiscal year of the biennium. The appropriation shall
be allocated pursuant to the following and as further provided in this section:
[CITY AND TOWN DIRECT DISTRIBUTION ALLOCATIONS]

(b)

Funds appropriated in paragraphs (a)(i) and (iii) of this section shall be distributed to cities and towns
with one-half (1/2) of
based on
the amount
available distributed in the first
appropriated for each
fiscal year of the biennium
and one-half (1/2) of the amount available distributed in the second fiscal year of the biennium
under subsection (a) of this section
. Distributions in each fiscal year shall be made in equal amounts on August 15 and January 15 of each fiscal year as calculated prior to the August 15 distribution, subject to the following:

[COUNTY DIRECT DISTRIBUTION ALLOCATIONS]

(c)

Funds appropriated in paragraphs (a)(ii) and (iv) of this section are to be distributed to counties
with one-half (1/2) of
based on
the amount
available distributed in the first
appropriated for each
fiscal year of the biennium
and one-half (1/2) of the amount available distributed in the second fiscal year of the biennium
under subsection (a) of this section
. Distributions in each fiscal year shall be made in equal amounts on August 15 and January 15 of each fiscal year as calculated prior to the August 15 distribution. From these distributions each county shall receive the following:

Section 2.

This act is effective immediately upon completion of all acts necessary for a bill to become law as provided by Article 4, Section 8 of the Wyoming Constitution.

(END)

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HB0050