The bill amends the funding provisions for the LaPrele Dam Rehabilitation project in Wyoming, significantly increasing the project's budget and grant amount. The total project budget is raised from $118 million to $182 million. Additionally, the state grant provided to the project is increased from $30 million to $90 million, or 100% of the actual development costs, whichever is less. The bill also includes an appropriation of $60 million from the water development account II to support the project, with unexpended funds reverting to the legislative stabilization reserve account by July 1, 2032.

Furthermore, the bill appropriates an additional $60 million from the legislative stabilization reserve account to the water development account II, ensuring adequate funding for the project. The act is set to take effect immediately upon the completion of all necessary legislative procedures as outlined in the Wyoming Constitution.

Statutes affected:
Introduced: 99-3-2904