HB0277

Failed

Capitol complex-hotel and conference center.

Authorize a public-private partnership to build a hotel and conference center at Wyoming's Capitol complex.

Full legal title

AN ACT relating to the administration of the government; authorizing a public-private partnership for a construction project as specified; specifying parameters of the project; providing definitions; requiring reports; authorizing the investment of funds; providing legislative intent; making conforming amendments; and providing for an effective date.

Budget Government

Sponsor:

Co-sponsors: Representative(s) Nicholas, Wylie, Senator(s) Anderson

View on wyoleg.gov Introduced Text (PDF)Digest (PDF)Fiscal Note (PDF)

What does this bill do?

Authorizes a public-private partnership to develop, construct, and operate a hotel and conference center on a specified parcel in downtown Cheyenne adjacent to the state capitol complex.

Defines the parcel of land in Laramie County (downtown Cheyenne, near the capitol) where the hotel and conference center will be located. (W.S. 9-5-114(a))
Authorizes the department to enter into a public-private partnership agreement for the development, construction, operation, and maintenance of the hotel and conference center. (W.S. 9-5-114(b))
Establishes minimum facility requirements: at least 200 lodging rooms, conference facilities for 1,000 attendees, food and beverage options, and appropriate parking (which may be provided offsite). (W.S. 9-5-114(c))
Requires the department to solicit competitive bids and establishes evaluation criteria including bidder's construction plans, business practices, hotel/conference center experience, public-private partnership experience, and projected costs and revenues. (W.S. 9-5-114(d))
Specifies required components of the public-private partnership agreement including term, powers and duties of both parties, compensation, state access to information, state authority to direct design and construction decisions, and state remedies for default. (W.S. 9-5-114(e))
Authorizes the state treasurer to invest permanent state funds under W.S. 9-4-715(n) for construction and operation, with investments capped at 90% of total design and construction costs. (W.S. 9-5-114(f))
Directs all revenues, payments, and earnings from the hotel and conference center operation to be deposited in the public school foundation program account. (W.S. 9-5-114(g))
Requires the department and state treasurer to submit annual reports to the joint appropriations committee and select committee on capital financing and investments regarding construction progress, operational performance and revenues, and state fund investments. (W.S. 9-5-114(h))
Amends W.S. 9-5-110(a) to extend the definition section to cover the new hotel and conference center statute.

Actions (3)

2/3/2025(House)

H Did not Consider for Introduction

1/23/2025(House)

H Received for Introduction

1/22/2025(LSO)

Bill Number Assigned

Roll Call Votes (0)

No roll call votes recorded.