The bill amends Wyoming Statute 11-37-107 to authorize the assessment of an additional management fee for services provided to the Wyoming beef council. This new subsection (d) allows the state to impose a fee not exceeding three percent (3%) of the annual portion of fees collected by the council, which are not already obligated or encumbered. The expenditure of these funds will be at the discretion of the council, thereby providing them with greater flexibility in managing their resources.
The effective date for this act is set for July 1, 2026, allowing time for the necessary adjustments to be made in the administration of the beef council's finances. This legislative change aims to enhance the support and services available to the council, ultimately benefiting the agricultural sector in Wyoming.
Statutes affected: Introduced: 11-37-107