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--- version:Introduced
+++ version:(document, no version)
@@ -1,363 +1,93 @@
-2026 STATE OF WYOMING 26LSO-0384
+Wyoming interstate study and safe highways
+investment act.
+26LSO-0384, 1.1
 
- 1 HB0082
+   HB0082
+FISCAL NOTE
 
-HOUSE BILL NO. HB0082
+This bill contains an appropriation of $25,000 from the GENERAL FUND to the
+Governor's Office.  This appropriation is effective immediately.
 
-Wyoming interstate study and safe highways investment act.
+This bill contains an appropriation of $25,000 from the GENERAL FUND to the
+Legislative Service Office (LSO).  This appropriation is effective immediately.
 
-Sponsored by: Representative(s) Harshman, Brown, L,
-Clouston, Larson, JT and Nicholas and
-Senator(s) Crum and Pappas
+DETAIL OF APPROPRIATION
+Agency #: 001       Agency Name: Governor's Office
+Unit: 0125
 
-A BILL
+EXPENDITURE BY SERIES AND YEAR FY 2026 FY 2027 FY 2028
+0200 Supportive Services Costs $2,778  $11,111  $11,111
 
-for
+Total Expenditure Per Year: $2,778  $11,111  $11,111
 
-1 AN ACT relating to highways; creating the interstate
-2 highways traffic study task force; specifying members and
-3 duties of the task force; providing a termination date for
-4 the task force; requiring reports; providing for the
-5 planning, design and construction of highways as specified;
-6 authorizing investment of state funds in transportation
-7 construction loans; providing a funding guarantee by
-8 modifying the distribution of revenues; providing
-9 appropriations; providing for the transfer of funds; and
-10 providing for an effective date.
-11
-12 Be It Enacted by the Legislature of the State of Wyoming:
-13
-14 Section 1.  W.S. 9-1-420 is created to read:
-15
-2026 STATE OF WYOMING 26LSO-0384
+Grand Total Expenditure: $25,000
+Total Appropriated to Agency: $25,000
+Total Appropriated by Fund:
+GENERAL FUND $25,000
 
- 2 HB0082
+Description of appropriation:
 
-1 9-1-420.  Strategic investments and projects account
-2 highway construction loans; maximum amount; repayment.
-3
-4 (a)  With the approval of the state loan and
-5 investment board, the state treasurer shall be authorized
-6 to invest not more than two hundred fifty million dollars
-7 ($250,000,000.00) from the permanent Wyoming mineral trust
-8 fund to provide loans to the department of transportation
-9 for purposes of funding the construction of one (1) or more
-10 highways approved by the transportation commission. The
-11 authority to invest funds under this subsection shall
-12 remain in effect until June 30, 2030.
-13
-14 (b)  The interest rates on the loans authorized under
-15 subsection (a) of this section shall be at a fixed interest
-16 rate determined by the state treasurer to be reasonably
-17 commensurate with the rates of return of the asset class
-18 for which the monies would be otherwise invested but shall
-19 not exceed two and one-half percent (2.5%). The amounts
-20 invested in loans under subsection (a) of this section
-21 shall be repaid as provided by subsection (e) of this
-22 section.
-23
-2026 STATE OF WYOMING 26LSO-0384
+The appropriation to the Governor’s Office would be expended for the payment of per
+diem and mileage for nonlegislative members of the task force. The above estimate
+assumes meeting days in fiscal years 2026, 2027, and 2028.
 
- 3 HB0082
+DETAIL OF APPROPRIATION
+Agency #: 201       Agency Name: Legislative Service Office
+Unit: 0101
 
-1 (c)  Amounts invested in loans under subsection (a) of
-2 this section shall be public purpose investments for
-3 purposes of W.S. 9-4-715(n).
-4
-5 (d)  In addition to the amounts invested in loans
-6 specified in subsection (a) of this section, the
-7 transportation commission shall direct any available
-8 federal highway safety funds to the construction of one (1)
-9 or more highways approved by the transportation commission.
-10
-11 (e)  Beginning on June 30, 2027 and on each June 30
-12 thereafter until the loans issued under this section are
-13 repaid, the state auditor shall transfer funds in the
-14 amount specified in this subsection from any unexpended,
-15 unobligated funds within the strategic investments and
-16 projects account to the permanent Wyoming mineral trust
-17 fund. The transfer required under this subsection shall be
-18 in accordance with all of the following:
-19
-20 (i)  The amount transferred in any one (1) fiscal
-21 year under this subsection shall be the lesser of fifty
-22 million dollars ($50,000,000.00), the amount remaining to
-23 be repaid on all loans issued under this section or the
-2026 STATE OF WYOMING 26LSO-0384
+EXPENDITURE BY SERIES AND YEAR FY 2026 FY 2027 FY 2028
+0100 Personnel/Benefit Costs $951  $3,804  $3,804
+0200 Supportive Services Costs $1,656  $6,627  $6,627
 
- 4 HB0082
+Total Expenditure Per Year: $2,607  $10,431  $10,431
 
-1 unobligated, unencumbered balance of the strategic
-2 investments and projects account;
-3
-4 (ii)  In addition to the amount transferred under
-5 paragraph (i) of this subsection, the amount transferred
-6 each fiscal year shall include interest as determined by
-7 the state treasurer under subsection (b) of this section;
-8
-9 (iii)  The state auditor shall cease transferring
-10 funds under this subsection when all loan amounts and
-11 interest are repaid.
-12
-13 Section 2.  W.S. 9-4-715(n)(intro) and
-14 9-4-719(b)(intro) are amended to read:
-15
-16 9-4-715.  Permissible investments.
-17
-18 (n)  The state treasurer shall not invest state funds
-19 for a specific public purpose authorized or directed by the
-20 legislature in excess of a total of one billion dollars
-21 ($1,000,000,000.00), excluding investments made pursuant to
-22 W.S. 37-5-406 or 37-5-605. By November 1 of each calendar
-23 year, the state treasurer, in consultation with the board,
-2026 STATE OF WYOMING 26LSO-0384
+Grand Total Expenditure: $23,469
+Total Appropriated to Agency: $25,000
+Total Appropriated by Fund:
+GENERAL FUND $25,000
 
- 5 HB0082
+Description of appropriation:
 
-1 the Wyoming water development office, the Wyoming business
-2 council, the department of transportation and the office of
-3 state lands and investments, shall provide a report to the
-4 select committee on capital financing and investments and
-5 the investment funds committee on all state funds invested
-6 for a specific public purpose authorized or directed by the
-7 legislature. The report shall include:
-8
-9 9-4-719.  Investment earnings; spending policy;
-10 permanent funds.
-11
-12 (b)  There is created the permanent Wyoming mineral
-13 trust fund reserve account. All funds within the account
-14 shall be invested by the state treasurer as authorized
-15 under W.S. 9-4-715(a), (d), (e) and (r) and all investment
-16 earnings from the account shall be credited to the account.
-17 Except for funds specified by the legislature that
-18 guarantee the obligations of permanent Wyoming mineral
-19 trust fund investment earnings and funds to be transferred
-20 into the permanent Wyoming mineral trust fund, funds
-21 deposited into the reserve account created by this
-22 subsection are intended to be inviolate and constitute a
-23 permanent or perpetual trust fund. Beginning July 1, 2021
-2026 STATE OF WYOMING 26LSO-0384
+This appropriation to the LSO would be expended for the repayment of salary, per
+diem, and mileage expenses for the six legislators appointed to the task force. The
+above estimate assumes meeting days in fiscal years 2026, 2027, and 2028.
 
- 6 HB0082
+Wyoming interstate study and safe highways
+investment act.
+26LSO-0384, 1.1
 
-1 for fiscal year 2022 and each fiscal year thereafter, to
-2 the extent funds are available, the state treasurer shall
-3 transfer unobligated funds from this account to the general
-4 fund on a quarterly, pro-rata basis as necessary to ensure
-5 that an amount equal to two and one-half percent (2.5%) of
-6 the previous five (5) year average market value of the
-7 permanent Wyoming mineral trust fund, calculated on the
-8 first day of the fiscal year, is available for expenditure
-9 during each fiscal year. As soon as possible after the end
-10 of each of the fiscal years beginning on and after July 1,
-11 2017, after making any transfer required pursuant to
-12 paragraphs (i) and (ii) of this subsection, revenues in
-13 this account in excess of two hundred forty-five percent
-14 (245%) of the spending policy amount in subsection (d) of
-15 this section shall be credited to the permanent Wyoming
-16 mineral trust fund. For fiscal year 2020 2027 and for each
-17 fiscal year thereafter:
-18
-19 Section 3.
-20
-21 (a)  Upon approval by the transportation commission,
-22 the planning, design and construction of the following
-2026 STATE OF WYOMING 26LSO-0384
+   HB0082
+With the approval of the State Loan and Investments Board (SLIB), the State Treasurer
+shall be authorized to invest up to $250,000,000 from the Permanent Wyoming Mineral
+Trust Fund (PWMTF) in loans to the Wyoming Department of Transportation (WYDOT) for
+the purpose of funding the construction of one or more highway projects approved
+by the Transportation Commission. The Transportation Commission shall also direct
+any available federal highway safety funds to the construction of one or more
+approved highways.
 
- 7 HB0082
+Beginning on June 30, 2027 and repeating every June 30 of each following fiscal
+year, the State Auditor shall transfer from the Strategic Investments and Projects
+Account (SIPA) the lesser of $50,000,000, the amount remaining to be repaid on all
+loans issued under this section, or the unobligated, unencumbered balance of the
+SIPA. The State Auditor shall cease transferring funds from the SIPA to the PWMTF
+when the amounts due are repaid. Due to the uncertainty of the investment in loans
+from the PWMTF and the corresponding repayment from the SIPA, these transfers from
+the SIPA for loan repayment will be accounted for in the LSO fiscal profile when
+transfers from the LSRA have taken place.
 
-1 projects shall be authorized and shall be paid from funds
-2 made available under W.S. 9-1-420:
-3
-4 (i)  The creation of passing lanes on United
-5 States highway 20 between Casper, Wyoming and Waltman,
-6 Wyoming where the department of transportation determines
-7 appropriate after conducting a traffic study of this
-8 portion of highway;
-9
-10 (ii)  The creation of passing lanes on United
-11 States highway 20 between Waltman, Wyoming and Shoshoni,
-12 Wyoming where the department of transportation determines
-13 appropriate after conducting a traffic study of this
-14 portion of highway;
-15
-16 (iii)  The creation of passing lanes on United
-17 States highway 20 between Shoshoni, Wyoming and
-18 Thermopolis, Wyoming where the department of transportation
-19 determines appropriate after conducting a traffic study of
-20 this portion of highway;
-21
-22 (iv)  The portion of United States highway 287
-23 between Laramie, Wyoming and the Colorado state line that
-2026 STATE OF WYOMING 26LSO-0384
+NOTICE-AGENCY ESTIMATE OF ADMINISTRATIVE IMPACT REQUESTED
 
- 8 HB0082
+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:
 
-1 consists of only two (2) lanes in order to make that entire
-2 portion of the highway four (4) lanes;
-3
-4 (v)  The portion of Wyoming Highway 59 between
-5 Wright, Wyoming and Gillette, Wyoming to make that entire
-6 portion of the highway five (5) lanes;
-7
-8 (vi)  An alternative paved highway from Rock
-9 Springs to Green River on the north side of Interstate 80.
-10
-11 Section 4.
-12
-13 (a)  There is created the interstate highways traffic
-14 study task force to consist of the following members:
-15
-16 (i)  Six (6) members of the legislature as
-17 follows:
-18
-19 (A)  Three (3) members of the Wyoming house
-20 of representatives, appointed by the speaker of the house.
-21 The speaker of the house shall designate one (1) of the
-22 members appointed under this subparagraph to be co-chairman
-23 of the task force;
-2026 STATE OF WYOMING 26LSO-0384
+Department of Transportation
 
- 9 HB0082
-
-1
-2 (B)  Three (3) members of the Wyoming
-3 senate, appointed by the president of the senate. The
-4 president of the senate shall designate one (1) of the
-5 members appointed under this subparagraph to be co-chairman
-6 of the task force.
-7
-8 (ii)  Three (3) members of the Wyoming state
-9 government, as follows:
-10
-11 (A)  The governor or the governor's
-12 designee;
-13
-14 (B)  The director of the department of
-15 transportation or the director's designee;
-16
-17 (C)  The executive director of the office of
-18 tourism or the director's designee.
-19
-20 (iii)  Six (6) members of the public appointed by
-21 the governor.  A member representing:
-22
-23 (A)  The trucking industry;
-2026 STATE OF WYOMING 26LSO-0384
-
- 10 HB0082
-
-1
-2 (B)  Wyoming local governments;
-3
-4 (C)  The mining industry;
-5
-6 (D)  The agriculture industry;
-7
-8 (E)  The construction industry;
-9
-10 (F)  The railroad industry.
-11
-12 (b)  The task force shall:
-13
-14 (i)  Study traffic and conditions on Wyoming's
-15 interstate highways, focusing specifically on Interstate
-16 80;
-17
-18 (ii)  Study and consider methods for reducing
-19 traffic and highway deterioration on Wyoming's interstate
-20 highways, focusing specifically on Interstate 80,
-21 including:
-22
-2026 STATE OF WYOMING 26LSO-0384
-
- 11 HB0082
-
-1 (A)  A method that uses the railroad to
-2 transport commercial motor vehicles across areas served by
-3 interstate highways and requires commercial motor vehicles
-4 to pay a fee for the transportation;
-5
-6 (B)  A method that creates additional lanes
-7 on interstate highways.
-8
-9 (iii)  Study and explore funding strategies for
-10 the methods considered under paragraph (ii) of this
-11 subsection;
-12
-13 (iv)  Not later than July 1, 2027, report to the
-14 governor, management council and the joint transportation,
-15 highways and military affairs interim committee on the work
-16 of the task force, including any recommendations for
-17 legislation for consideration by an appropriate legislative
-18 committee.
-19
-20 (c)  The task force shall be staffed by the
-21 legislative service office.
-22
-2026 STATE OF WYOMING 26LSO-0384
-
- 12 HB0082
-
-1 (d)  The legislative members of the task force shall
-2 receive salary, per diem and travel expenses in the manner
-3 and amount prescribed by W.S. 28-5-101. Task force members
-4 who are state employees or government officials shall be
-5 considered to be acting within the scope of regular
-6 employment when conducting the official business of the
-7 task force and shall receive their regular pay without
-8 additional compensation, except that those members shall
-9 receive mileage and per diem as provided for other members
-10 of the task force under this subsection if they are not
-11 reimbursed by their employer. Task force members who are
-12 not state employees shall receive per diem and mileage in
-13 the amount provided for members of the legislature under
-14 W.S. 28-5-101.
-15
-16 (e)  The task force shall terminate November 1, 2027.
-17
-18 Section 5.
-19
-20 (a)  There is appropriated twenty-five thousand
-21 dollars ($25,000.00) from the general fund to the
-22 legislative service office for purposes of providing
-23 salary, mileage and per diem to the legislative members of
-2026 STATE OF WYOMING 26LSO-0384
-
- 13 HB0082
-
-1 the task force appointed under section 4(a)(i) of this act
-2 and for other expenses of the task force. This
-3 appropriation shall be for the period beginning with the
-4 effective date of this act and ending June 30, 2028. This
-5 appropriation shall not be transferred or expended for any
-6 other purpose and any unexpended, unobligated funds
-7 remaining from this appropriation shall revert as provided
-8 by law on June 30, 2028.
-9
-10 (b)  There is appropriated twenty-five thousand
-11 dollars ($25,000.00) from the general fund to the office of
-12 the governor for purposes of providing mileage and per diem
-13 to the members of the task force appointed under section
-14 4(a)(iii) of this act and for providing mileage and per
-15 diem for members of the task force appointed under section
-16 4(a)(ii) of this act, subject to section 4(d) of this act.
-17 This appropriation shall be for the period beginning with
-18 the effective date of this act and ending June 30, 2028.
-19 This appropriation shall not be transferred or expended for
-20 any other purpose and any unexpended, unobligated funds
-21 remaining from this appropriation shall revert as provided
-22 by law on June 30, 2028.
-23
-2026 STATE OF WYOMING 26LSO-0384
-
- 14 HB0082
-
-1 Section 6.  This act is effective immediately upon
-2 completion of all acts necessary for a bill to become law
-3 as provided by Article 4, Section 8 of the Wyoming
-4 Constitution.
-5
-6 (END)
-7
+Prepared by:   Enee Crosslin, LSO  Phone: 777-7881
+(Information provided by Heather Kammerman, Legislative Service Office, 777-7881;
+Rory L. Horsley, Governor's Office, 777-5010; Rodney Freier, Jr., Department of
+Transportation, 777-4174; Samantha Dailey, State Treasurer's Office, 777-7408)