HB0001H3116

This amendment requires an audit of funds held by the Wyoming Business Council and appropriates $100,000 from the general fund to the Department of Audit to conduct a forensic audit.

• Modifies the preamble of Section 328 to indicate the section is about 'requiring an audit of funds'. (Page 1, lines 1-2)
• Appropriates $100,000 from the general fund to the Department of Audit to complete a forensic audit of the Wyoming Business Council, to commence and be completed as soon as possible after the effective date, with findings to be distributed to the Joint Appropriations Committee, Joint Minerals, Business and Economic Development Interim Committee, and the Governor. (Page 141-142, Section 328(a))Agency: Department of Audit · $100,000 General Fund
• Requires the forensic audit to include: (i) accounting of all current funds and funds received/expended since July 1, 2025; (ii) all accounts used to hold appropriated funds from July 1, 2019 to the effective date; (iii) accounting of private donations held by the Council; (iv) review of whether funds were administered in accordance with applicable laws since July 1, 2023; and (v) review of whether funds were accounted for and expended in conformance with generally accepted accounting principles. (Page 142, Section 328(a)(i)-(v))
• Establishes a July 1, 2026 deadline for completing the audit, with required notice to specified committees if the deadline cannot be met by May 29, 2026. (Page 142, Section 328(a))

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