The bill establishes the Interstate Highways Traffic Study Task Force, which will consist of members from the legislature, state government, and the public, to study traffic conditions on Wyoming's interstate highways, particularly focusing on Interstate 80. The task force is tasked with exploring methods to reduce traffic and highway deterioration, including potential funding strategies and the use of railroads for transporting commercial vehicles. The task force is required to report its findings and recommendations by July 1, 2027, and will be staffed by the legislative service office, with a termination date set for November 1, 2027.

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 projects approved by the transportation commission. It outlines the repayment structure for these loans and includes provisions for the transfer of funds to ensure repayment. The bill also modifies existing investment regulations to include the Department of Transportation in annual reporting on state funds invested for public purposes. Appropriations of $25,000 each are allocated from the general fund for the task force's operational expenses and member compensation, with specific guidelines on the use of these funds.

Statutes affected:
Introduced: 9-4-715, 9-4-719