The bill establishes a Small Business Emergency Bridge Loan Program within the Wyoming Department of Agriculture to provide short-term loans to businesses affected by declared natural disasters. It outlines eligibility criteria, which include being physically located in Wyoming, having been operational before the disaster, and having a qualifying owner with a minimum credit score. The program will be administered by the department, which is responsible for rulemaking, processing applications through registered financial institutions, and overseeing loan disbursement and repayment. The loans will have specific terms, including a maximum amount of $1.5 million, a zero percent interest rate, and a repayment period of up to three years.

Additionally, the bill creates a dedicated account for the program, funded by a $50 million appropriation from the general fund, which will be used exclusively for emergency bridge loans and associated administrative costs. The department is required to report annually on the program's performance, including loan commitments and account balances. The act is set to take effect on July 1, 2025, with certain sections becoming effective immediately upon the bill's passage.