This bill amends existing laws related to irrigation projects in Wyoming, specifically allowing irrigation districts, watershed improvement districts, and water conservancy districts to allocate a portion of their annual funding for major maintenance projects concerning aging irrigation infrastructure. The amendments include provisions for establishing a separate major maintenance account to hold funds raised for these projects, which can be invested with the state treasurer in local government investment equity pools. The bill also specifies that the amount raised for major maintenance projects can be included in the assessments levied by the districts.

Additionally, the bill outlines the process for determining the necessary funding through assessments, ensuring that the funds for major maintenance projects are pooled until sufficient amounts are available for the intended projects. The effective date for this act is set for July 1, 2026.

Statutes affected:
Introduced: 41-3-771, 41-7-402, 41-8-121