The bill amends existing law regarding the LaPrele Dam Rehabilitation project by increasing the total project budget from $118 million to $182 million. Additionally, the state grant for the project is raised from a maximum of $30 million to $90 million, or 100% of the actual development costs, whichever is less. The bill also includes new appropriations, allocating $60 million from the water development account II to the commission for the project's execution, 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. This funding is intended to support the LaPrele Dam Rehabilitation project and ensure its successful completion. 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