The bill establishes a Select Committee on Gaming within the Wyoming legislature, which will be appointed no later than March 15 following each general election. The committee will consist of three members from the Senate and three from the House of Representatives, with appointments reflecting the political party composition of each chamber. The president of the Senate and the speaker of the House will each designate a co-chairman from their appointed members. The committee's responsibilities include developing expertise on gaming activities, engaging with local communities about the impacts of gaming, reviewing fiscal matters related to gaming, and preparing recommendations for the legislature.

Additionally, the bill appropriates $34,000 from the general fund to support the committee's operations, including salaries, mileage, and per diem for its members, with funding available until June 30, 2028. The act will take effect immediately upon completion of the necessary legislative processes.