This amendment replaces the loan-based natural disaster mitigation program with a grant-based program funded from the legislative stabilization reserve account, and creates a steering committee to review and recommend grant distribution.
- Deletes two prior amendments (SF0001S2008/A and SF0001S2027/A) that addressed natural disaster mitigation. (Page 1, lines 1-5)
- Changes the program from 'loans and loan repayments' to 'grants' and adds creation of a steering committee. (Page 1, lines 7-8)
- Changes section heading from 'LOANS' to 'GRANTS'. (Page 76, line 4)
- Deletes detailed loan program requirements and replaces entire Section 346 with a new structure providing $100 million for restoration projects and $10 million for watershed health, funded through grants rather than loans, with oversight by a newly created steering committee. (Page 76, lines 8-26 through Page 79, line 10)Agency: Wyoming Wildlife and Natural Resource Trust Income Account · $110,000,000 Legislative Stabilization Reserve Account
- Creates a steering committee with nine members (one house member, one senate member, the executive director as chair, and up to six governor-appointed members) that terminates December 31, 2026, to establish grant application processes, eligibility criteria, and make recommendations to the executive director. (Page 79, subsection (b) through subsection (c))
- Requires attorney general review of proposed grants to determine substantial public benefit and lawful use of funds, and allows the executive director to impose conditions on grant approval. (Page 80, subsection (d))
- Appropriates $12,500 from the general fund to the legislative service office for steering committee member compensation and travel. (Page 80-81, subsection (e))Agency: Legislative Service Office · $12,500 General Fund
- Provides for per diem and mileage payments to non-legislative and non-state employee steering committee members from the appropriated grant funds. (Page 81, subsection (f))
- Specifies that appropriations shall not be transferred or expended for other purposes and unexpended funds shall not revert until June 30, 2027. (Page 81, subsection (g))
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