The bill authorizes the construction and funding of various water development projects in Wyoming, establishing new legal provisions under W.S. 99-3-3001 through 99-3-3004. It details specific projects such as the Big Horn Regional JPB South Transmission Project and several cloud seeding initiatives, with state grants covering up to 50% of the actual development costs. The bill also amends the sponsors contingency fund, increasing its total budget from $5.7 million to $8.6 million, and adjusts the loan percentage from 33% to 50% of the difference between the original budget and actual costs. Additionally, it revises the budget for the Broken Wheel Ranch Water Supply project, increasing it from $915,000 to $1,849,487, while changing the grant amount and the percentage of the total budget that the sponsor must acquire from other sources.

Moreover, the bill proposes significant budget adjustments for various projects, including increasing the total project budget for the GR/RS/SC JPWB Pump Station from $11,190,000 to $20,120,000 and raising the state grant amount from $7,497,300 to $11,962,300. The percentage of the total project budget that the sponsor must secure from other sources has also been modified from 33% to 40.5%. The legislation facilitates the transfer of funds between water development accounts and extends deadlines for unexpended funds to revert to their respective accounts from 2026 to 2028 for several projects. Overall, the bill aims to enhance funding and support for water development initiatives while ensuring compliance with state regulations.

Statutes affected:
25LSO-0452 v0.6: 99-3-1106, 99-3-2203, 99-3-2205, 99-3-2303, 99-3-2404, 99-3-2406, 99-3-2503, 99-3-2504, 99-3-2603