Compare versions
--- version:Introduced+++ version:(document, no version)@@ -1,216 +1,32 @@-2026 STATE OF WYOMING 26LSO-0385+Local water system funding. 26LSO-0385, 1.1- 1 HB0156+ HB0156+FISCAL NOTE-HOUSE BILL NO. HB0156+ FY 2027 FY 2028 FY 2029+NON-ADMINISTRATIVE IMPACT+Anticipated Expenditure+increase/(decrease)-Local water system funding.+STRATEGIC INVESTMENTS AND PROJECTS ACCT $50,000,000 $50,000,000 $50,000,000-Sponsored by: Representative(s) Harshman, Banks, Campbell,-E, Nicholas and Riggins and Senator(s)-Anderson and Landen+Source of expenditure increase(decrease):-A BILL+Assumptions:-for+NOTICE-AGENCY ESTIMATE OF ADMINISTRATIVE IMPACT REQUESTED-1 AN ACT relating to the administration of the government;-2 establishing a local water system funding program;-3 specifying requirements and project eligibility for local-4 water system funding; specifying duties; authorizing the-5 borrowing of funds; requiring reports; requiring-6 rulemaking; and providing for an effective date.-7-8 Be It Enacted by the Legislature of the State of Wyoming:-9-10 Section 1. W.S. 16-1-401 and 16-1-402 are created to-11 read:-12-13 ARTICLE 4-14 LOCAL WATER SYSTEM FUNDING-15-2026 STATE OF WYOMING 26LSO-0385+This bill has administrative impact that appears to increase duties or+responsibilities of one or more state agencies and may impact agency spending or+staffing requirements. As introduced, the bill does not modify any state agency+budget or current personnel authorizations.+The following state agencies will be asked to provide their estimate of the+administrative fiscal impact prior to the first committee meeting held to+consider the bill:- 2 HB0156+Office of State Lands and Investments-1 16-1-401. Definitions.-2-3 (a) As used in this article:-4-5 (i) "Board" means the state loan and investment-6 board and includes the office of state lands and-7 investments;-8-9 (ii) "Program" means the local water system-10 funding program created by this article.-11-12 16-1-402. Local water system funding program;-13 creation; requirements; duties.-14-15 (a) The local water system funding program is created-16 to provide financial assistance to cities, towns and-17 special districts for improvements to community public-18 water systems and community wastewater systems in-19 accordance with this article.-20-21 (b) The state loan and investment board, with-22 assistance from the office of state lands and investments,-2026 STATE OF WYOMING 26LSO-0385+Prepared by: Enee Crosslin, LSO Phone: 777-7881- 3 HB0156--1 shall administer the program. The board shall promulgate-2 all rules necessary to implement the program.-3-4 (c) The board shall:-5-6 (i) Establish an application process by which-7 cities, towns and special districts may apply for financial-8 assistance under the program;-9-10 (ii) Receive and review applications for-11 financial assistance under the program, in accordance with-12 subsection (f) of this section;-13-14 (iii) Administer the financial assistance-15 available under the program, including processing and-16 receiving repayments;-17-18 (iv) Conduct an annual audit of the program;-19-20 (v) Report to the joint appropriations committee-21 and the joint minerals, business and economic development-22 interim committee not later than November 1 of each year on-2026 STATE OF WYOMING 26LSO-0385-- 4 HB0156--1 the financial assistance provided under the program for the-2 immediately preceding fiscal year.-3-4 (d) Subject to subsection (e) of this section, funds-5 under the program shall be available only to cities, towns-6 and special districts for financial assistance for eligible-7 projects for the following purposes:-8-9 (i) Predevelopment and preapplication costs;-10-11 (ii) Planning and technical assistance;-12-13 (iii) Local matching funds;-14-15 (iv) Repayment of federal or state loans-16 received from other programs or funds;-17-18 (v) Costs related to joining a regional water-19 system or regional wastewater system.-20-21 (e) Projects shall be eligible for financial-22 assistance from the program only if the project is for a-23 water system or wastewater system for which consumer rates-2026 STATE OF WYOMING 26LSO-0385-- 5 HB0156--1 are charged in accordance with W.S. 15-7-407 and if the-2 project meets at least one (1) of the following:-3-4 (i) The project is an eligible project for-5 funding under the state water pollution control revolving-6 loan account, subject to the requirements of W.S. 16-1-201-7 through 16-1-207;-8-9 (ii) The project is an eligible project for-10 funding under the state drinking water revolving loan-11 account, subject to the requirements of W.S. 16-1-301-12 through 16-1-308;-13-14 (iii) The project is under the Wyoming water-15 development office and is approved by the legislature;-16-17 (iv) The project is an eligible local government-18 capital construction project under W.S. 9-4-604(a).-19-20 (f) Upon receiving an application for financial-21 assistance under the program, the board shall review the-22 application to determine whether the application qualifies-23 for the program in accordance with this article. Financial-2026 STATE OF WYOMING 26LSO-0385-- 6 HB0156--1 assistance under the program shall be approved by majority-2 vote of the state loan and investment board. In reviewing-3 applications for the program, the board shall consider, at-4 a minimum, the following factors:-5-6 (i) The population of the city, town or special-7 district that has applied for financial assistance;-8-9 (ii) The ability of the city, town or special-10 district to pay for or repay funds for the project for-11 which financial assistance is sought under the program;-12-13 (iii) The level of existing consumer rates-14 charged by the city, town or special district, including-15 whether the rates charged are in accordance with W.S.-16 15-7-407, and the amount of funding reserves that the city,-17 town or special district has, in comparison to other-18 cities, towns and special districts;-19-20 (iv) The ability of the city, town or special-21 district to join a regional water system or regional-22 wastewater system;-23-2026 STATE OF WYOMING 26LSO-0385-- 7 HB0156--1 (v) The results and record of the city, town or-2 county based on the annual audit required under W.S.-3 9-1-507.-4-5 (g) A city, town or special district that receives-6 financial assistance under the program shall establish or,-7 if already established, maintain funds for depreciation in-8 accordance with W.S. 15-7-407(b).-9-10 (h) Funding for the program shall be from funds-11 borrowed under subsection (j) of this section and from any-12 other funds received by the board for the program.-13-14 (j) The board is authorized to borrow an amount not-15 to exceed fifty million dollars ($50,000,000.00) in any one-16 (1) fiscal year to provide financial assistance under the-17 program. The board shall borrow funds under this subsection-18 from the strategic investments and projects account,-19 provided that if there are not sufficient unexpended,-20 unobligated funds within the strategic investments and-21 projects account in the applicable fiscal year, the board-22 may borrow funds under this subsection from the legislative-23 stabilization reserve account subject to the limits-2026 STATE OF WYOMING 26LSO-0385-- 8 HB0156--1 specified in this subsection. In no event shall the board-2 borrow more than fifty million dollars ($50,000,000.00) for-3 the program in any one (1) fiscal year. The amounts-4 borrowed under this subsection shall be repaid to the-5 account from which the funds were borrowed. Interest on any-6 unpaid loan balance shall be charged and shall be equal to-7 the total rate of return earned on the fund from which the-8 funds were borrowed during the previous fiscal year,-9 provided that the interest rate shall be not less than zero-10 percent (0%) and not more than one and five‑tenths percent-11 (1.5%).-12-13 Section 2. The state loan and investment board shall-14 promulgate all rules necessary to implement this act.-15-16 Section 3. This act is effective immediately upon-17 completion of all acts necessary for a bill to become law-18 as provided by Article 4, Section 8 of the Wyoming-19 Constitution.-20-21 (END)+(Information provided by Jennifer Doering, Office of State Lands and Investments,+777-7028)
Diffs are computed deterministically from extracted bill text and show additions, deletions, and section moves. Scanned-PDF text extracted via OCR is flagged where confidence is low; see methodology.