This bill establishes the Interstate Highways Traffic Study Task Force in Wyoming, which will consist of six legislative members, three state government representatives, and six public members appointed by the governor. The task force is tasked with studying traffic conditions on Wyoming's interstate highways, particularly focusing on Interstate 80, and exploring methods to reduce traffic and highway deterioration. It will also investigate funding strategies for these methods and is required to report its findings and any legislative recommendations by July 1, 2028. The task force will be staffed by the legislative service office and is set to terminate on December 31, 2028.

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, improvement, and maintenance projects approved by the transportation commission. It outlines the interest rates for these loans and establishes a repayment process, including annual transfers from the strategic investments and projects account to the permanent Wyoming mineral trust fund. The bill also modifies the permissible investments by including the Wyoming Department of Transportation in the annual reporting requirements for state funds invested for specific public purposes. The bill includes appropriations of $25,000 each from the general fund for the task force's legislative and non-legislative members to cover expenses.

Statutes affected:
27LSO-0068 v0.5: 9-4-715