The bill amends various sections of Wyoming law to allow state employees the option to be paid semimonthly instead of solely on a monthly basis. Key provisions include the state auditor's authority to establish the frequency of insurance and retirement contributions to align with the new semimonthly pay periods. Additionally, the bill specifies that state employees can elect to receive their wages on the sixteenth day of each month or the last working day of the month, contingent upon notifying the state auditor in a prescribed manner. The University of Wyoming is exempt from these provisions.

Further amendments clarify the state's contributions to employee insurance plans, allowing for payments to be made either monthly or semimonthly as determined by the state auditor. The bill also outlines the procedures for deductions from employee salaries for insurance contributions, emphasizing the need for coordination with the state auditor regarding the frequency of these remittances. The act is set to take effect on July 1, 2027, following necessary implementation actions by relevant state agencies.