The bill establishes the Interstate Highways Traffic Study Task Force, which will consist of legislative members, state government officials, and public representatives from various industries. The task force is tasked with studying traffic conditions on Wyoming's interstate highways, particularly focusing on Interstate 80, and exploring methods to reduce traffic and highway deterioration. It will also consider funding strategies for these methods and is required to report its findings and recommendations by July 1, 2026. The task force is set to terminate on December 31, 2026, and will be staffed by the legislative service office.
Additionally, the bill authorizes the state treasurer to invest up to $250 million from the permanent Wyoming mineral trust fund to provide loans for highway construction approved by the transportation commission. It outlines the repayment process for these loans and modifies the distribution of revenues to ensure funding for the legislative stabilization reserve account and other related accounts. The bill also includes appropriations for the task force's operational expenses, ensuring that funds are allocated for the necessary salaries, mileage, and per diem for its members.
Statutes affected: Introduced: 9-4-719