Title 9 — Title 9 — Administration Of The Government

Short title. This chapter shall be known and may be cited as the "Wyoming Economic Development Act."

Definitions. (a) As used in this act, the following terms have the following meanings, except where the context clearly indicates otherwise: council; (i) "Board" means the board of directors of the (ii) "Council" means the Wyoming business council, the body corporate created by t…

The university shall integrate the operations of the centers with the Wyoming business council to the fullest extent permitted by federal law.

General powers and duties of the council. may: (a) Except as otherwise limited by this act, the council (i) Sue and be sued and procure necessary liability (ii) Have a seal; insurance; (iii) instruments; Make and execute contracts and other (iv) Adopt rules and regulations to imp…

Economic development services. (a) It shall be the duty of the council to encourage, stimulate and support the development and expansion of the economy of the state. The council is charged with the following duties and responsibilities: (i) To see that there are prepared and carr…

(a) Planning and research. It shall also be the duty of the council to: (i) Develop a comprehensive economic development strategy for the state, starting the first year of each new gubernatorial administration, consistent with the provisions of this act; and (ii) Conduct such stu…

Tourism promotion and development. (a) Repealed By Laws 2007, Ch. 5, § 2. (b) Repealed By Laws 2003, Ch. 8, § 2.

(a) Coordination of business permits. The council shall: (i) Compile information on the federal, state and local requirements necessary to begin and operate a business in Wyoming and make this information available to the public on request; (ii) Develop application procedures to …

Promotion of agriculture; financing of agriculture processing projects; revenue bonds. (a) The council shall encourage and promote the development of agriculture in the state including horticulture, apiculture, livestock, poultry, dairying and the kindred industries and including…

Exemptions from taxation; exceptions. The exercise of the powers granted by this act constitutes the performance of an essential governmental function. The council shall not be required to pay any taxes levied by any municipality or political subdivision of the state, other than …

Investment and management of funds; audit. (a) Except as otherwise provided in this act, the council may invest funds not required for immediate disbursement in securities in which state funds may be invested as provided by law, sell securities it has purchased and deposit securi…

Annual report and budget. (a) The council shall submit an annual report in the manner provided by W.S. 9-2-1014 and using the benchmarks prescribed in this act. In addition to the requirements of W.S. 9-2-1014, included within the annual report shall be: (i) The status of the imp…

Conflicts of interest. Council members shall be subject to the provisions of W.S. 16-6-118 and shall abstain from voting in accordance with that section.

Startup-Wyoming investments. (a) The Wyoming business council in coordination with the economically needed diversity options for Wyoming (ENDOW) executive council, shall prepare a proposal under which the business council will invest in high growth startup business entities which…

The application shall be submitted on forms prescribed by, and subject to rules promulgated by, the Wyoming business council. In determining whether to recommend a contract for approval, the Wyoming business council shall consider if the applicant has demonstrated a business plan…

[Repealed or reserved.]

Assumption of science technology and energy authority functions. In assuming the functions of the science energy and technology authority the council shall administer the program in accordance with the provisions of this act generally and the specific provisions of this article.

Applications for financial aid from the council. (a) All applications for financial aid shall be submitted to the council who shall investigate and prepare a report concerning the advisability of approving the proposed financial aid for the applicant and concerning any other fact…

(a) Definitions. As used in this article: (i) "Business" means any proposed or existing enterprise which employs people within the state, provides services within the state, uses resources within the state or otherwise adds economic value to goods, services or resources within th…

Wyoming partnership challenge loan program; creation; rulemaking; administration account. (a) The council shall establish and administer a partnership challenge loan program under this article and may contract for necessary professional services. Loans authorized under the progra…

Council duties; actions on loan applications. All complete applications to participate in the loan program established under this article which conform with the criteria established by law and rules promulgated under this article which are submitted to the council shall be consid…

Criteria for loans. (a) Except as otherwise provided under subsections (c) through (k) of this section, loans under this article may only be made by the council to community development organizations and state development organizations which meet the following eligibility criteri…

Economic development enterprise fund account; deposits; continuous appropriation; loans. Except for fees deposited in accordance with W.S. 9-12-302(b), all repayments of principal and interest to the state in connection with loans made under this article and other funds as approp…

Audit; report. (a) The director of the state department of audit or his designee shall annually examine the loan program created under this article and submit his report of examination to the governor, the legislature and the council. This examination shall include a financial an…

Penalty. Any person who knowingly makes a false statement to the council in connection with an application under this article or article 9 of this chapter is guilty of a felony punishable by imprisonment for not more than two (2) years, a fine of not more than two thousand dollar…

Large project loan program. (a) The large project account within the revolving investment fund created pursuant to article 16, section 12 of the Wyoming constitution, created by 2014 Wyoming session laws, chapter 46, section 2, is continued and codified. (b) Funds in the large pr…

Repealed By Laws 2003, Ch. 8, § 2.

Repealed by Laws 2007, ch. 73, § 1.

Repealed by Laws 2007, ch. 73, § 1.

Repealed by Laws 2007, ch. 73, § 1.

Repealed by Laws 2007, ch. 73, § 1.

Repealed by Laws 2007, ch. 73, § 1.

Repealed by Laws 2020, ch. 87, § 3.

12-1405. Renumbered by Laws 2019, ch. 186, § 5 as W.S. 9-

12-114. Renumbered by Laws 2019, ch. 186, § 5 as W.S. 9-

Renumbered as 9-2-603 by Laws 2022, ch. 10, § 1.

Renumbered as 9-2-604 by Laws 2022, ch. 10, § 1.

Wyoming business ready community program; purpose; creation; rulemaking. (a) It is the purpose of this article to promote economic development at the city, town and county levels and on the Wind River Indian Reservation to create additional economic health and a stronger state ec…

account. Wyoming business ready community program There is created the business ready community account. Funds shall be credited to the account as provided by law. Funds in the account are continuously appropriated to the council to be used only for grants or loans authorized to …

Amended and Renumbered as W.S. 10-3-601 by Laws 2005, ch. 13, § 1.

Amended and Renumbered as W.S. 10-3-602 By Laws 2005, ch. 13, § 1.

Repealed by Laws 2019, ch. 35, § 2.

Wyoming community facilities program; purpose; creation; administration by council; rulemaking authority; eligible projects. (a) It is the purpose of this article to assist communities to preserve former school and government facilities that have existing or future community uses…

of need. Community facility qualifications; demonstration (a) To qualify for a grant or loan under this article, an applicant shall demonstrate: (i) A commitment by the applicant community to adequately maintain the project facility for which the grant or loan is requested during…

Community facility grant and loan; approval by state loan and investment board. (a) Grants shall be awarded on a matching basis at match proportions recommended by the council and approved by the board. (b) Grants or loans may be used to fund project costs in accordance with appr…

Wyoming community facilities program account. The community facilities program account is created within the special revenue fund and shall consist of funds credited to the account as provided by law. Funds in the account are continuously appropriated to the council to be used on…

Repealed by Laws 2022, ch. 1, § 2.

Wyoming workforce housing infrastructure program; purpose; definitions. (a) The legislature finds and declares that: (i) There is in this state by reason of the location and expansion of mineral extractive industries and other economic developments, a critical shortage of adequat…

Wyoming workforce housing infrastructure program; creation; rulemaking. (a) The council shall establish and administer a Wyoming workforce housing infrastructure program as provided by this article. Any city, town, county, special improvement district or the Eastern Shoshone or N…

Council duties; actions on loan applications. (a) All complete applications to participate in the program established under this article, which conform with the criteria established by law and rules promulgated under this article and which are submitted to the council, shall be c…