Natural resource funding-large project threshold increase.

Plain English Breakdown

The bill summary and text do not specify that notices must be sent to a select committee for grants over $200,000. This claim was removed as it is unsupported by the official source material.

Increasing Funding Thresholds for Wildlife and Natural Resource Projects

This law raises the amount of money needed for legislative approval for large wildlife and natural resource projects funded by the Wyoming Wildlife and Natural Resource Trust from $200,000 to $400,000.

What This Bill Does

• Increases the threshold for legislative approval for large projects from $200,000 to $400,000.
• Projects under $400,000 are considered small and do not need legislative authorization.
• Raises the limit on additional grants to existing projects from $100,000 to $200,000.

Who It Names or Affects

• The Wyoming Wildlife and Natural Resource Trust
• Project applicants seeking funding from the trust

Terms To Know

Large Project

A project that needs legislative approval if it costs $400,000 or more.

Small Project

A project that does not need legislative approval and is under $400,000 in cost.

Limits and Unknowns

• The law applies only to projects approved after July 1, 2023.
• It's unclear how many projects will be affected by the new funding thresholds.

Official Summary Text

Bill Summary - 23LSO-0207
Bill No.:

SF0087

Effective:

7/1/2023

LSO No.:

23LSO-0207

Enrolled Act No.:

SEA No. 0049

Chapter No.:

104

Prime Sponsor:

Cooper

Catch Title:

Natural resource funding-large project threshold increase.

Subject:

Increases the monetary threshold for small and large wildlife and natural resource projects funded by the Wyoming wildlife and natural resource trust.

Summary/Major Elements:

This act increases the threshold for legislative approval for small and large projects funded by the Wildlife and Natural Resource Trust from two hundred thousand dollars ($200,000.00) to four hundred thousand dollars ($400,000.00). Any project less than four hundred thousand dollars ($400,000.00) is considered a small project and does not require legislative authorization.

This act also increases the threshold for additional grants to Wildlife and Natural Resource Trust projects to two hundred thousand dollars ($200,000.00).

Additional grants to an existing project below the threshold do not require legislative authorization.

This act applies to project applications that are initially approved or submitted for an additional grant after the effective date of this act.

The above summary is not an official publication of the Wyoming Legislature and is not an official statement of legislative intent.

While the Legislative Service Office endeavored to provide accurate information in this summary, it should not be relied upon as a comprehensive abstract of the bill.

Current Bill Text

23LSO-0207

ORIGINAL Senate

File No
.
SF0087

ENROLLED ACT NO. 49,

SENATE

SIXTY-SEVENTH LEGISLATURE OF THE STATE OF WYOMING
2023 General Session

AN ACT relating to the administration of the government; increasing the monetary threshold for which large projects of the Wyoming wildlife and natural resource trust must receive legislative authorization; specifying applicability; and providing for an effective date.

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

Section 1.

W.S. 9
‑
15
‑
102(a)(iii) and (vi) and 9
‑
15
‑
104(k) are amended to read:

9
‑
15
‑
102.

Definitions.

(a)

As used in this chapter:

(iii)

"Large project" means a project for which the total of all grants sought or previously awarded under this act equals or exceeds
two hundred thousand dollars ($200,000.00)
four hundred thousand dollars ($400,000.00)
;

(vi)

"Small project" means a project for which the total of all grants sought or previously awarded under this act is less than
two hundred thousand dollars ($200,000.00)
four hundred thousand dollars ($400,000.00)
;

9
‑
15
‑
104.

Wildlife and natural resource trust account board established; terms; meetings; duties.

(k)

No funds shall initially be expended from the income account for large projects except upon specific legislative authorization. Following the initial legislative authorization to expend funds for a large project, the board may approve additional grants for that large project not to exceed a total of an additional
one hundred thousand dollars ($100,000.00)
two hundred thousand dollars ($200,000.00)
and shall forward a notice of any such additional grant to the select committee within thirty (30) days of each approval. Subsequent legislative authorization shall be required for any grant in excess of the limits of this subsection.

Section 2.

This act shall apply to all project applications initially approved and additional grants for existing projects authorized by the Wyoming wildlife and natural resource trust board on and after the effective date of this act.

Section 3
.

This act is effective July 1, 2023
.

(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

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