HB0143

Increases state grant funding for the LaPrele Dam Rehabilitation project from $30 million to $90 million and transfers $60 million from the legislative stabilization reserve account to the water development account to support the project.

• Increases the total project budget for LaPrele Dam Rehabilitation from $118 million to $182 million. (W.S. 99-3-2904(j)(iv))
• Increases the state grant amount for the LaPrele Dam Rehabilitation project from $30 million to $90 million, or 100% of actual development costs, whichever is less, to be paid from water development account II. (W.S. 99-3-2904(j)(v))
• Appropriates an additional $60 million from water development account II to the commission for the LaPrele Dam Rehabilitation project, with unexpended funds reverting to the legislative stabilization reserve account on July 1, 2032. (W.S. 99-3-2904(j)(vi)(B))
• Transfers $60 million from the legislative stabilization reserve account to water development account II to fund the increased grant. (Sec. 2, W.S. 41-2-124(a)(ii))

Effective: Immediately upon completion of all acts necessary for a bill to become law

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