Wyoming 2024 Regular Session

Wyoming Senate Bill SF0040

Caption

Outdoor Recreation and Tourism Trust Fund Administration.

Impact

The successful implementation of SF0040 could significantly impact state legislation concerning public land use and outdoor recreation activities. By establishing this trust fund, the state will have a dedicated financial resource to promote outdoor tourism and recreation, potentially leading to economic growth and conservation efforts. Moreover, the board's ability to propose grants for various projects is designed to ensure that these funds support community-specific needs related to outdoor recreation and tourism activities for both residents and visitors.

Summary

Senate File No. SF0040 proposes the establishment and administration of the Wyoming outdoor recreation and tourism trust fund. The bill provides for the creation of a board to oversee the management of the trust fund which aims to distribute grants to enhance outdoor recreation opportunities and support tourism in Wyoming. The board will consist of nine members appointed by the governor, reflecting diverse interests in outdoor recreation. The bill emphasizes transparency and accountability, mandating regular audits and reports on the fund’s activities and the impact of funded projects.

Contention

While SF0040 largely received support for its intentions to boost tourism and recreation in Wyoming, concerns were raised regarding the management and allocation of funds. Some stakeholders worried about the transparency of the board’s decision-making processes and how grants might affect local governance and land management. Additionally, there were discussions about ensuring that the new funding mechanisms do not replace existing budgets for local entities but instead provide supplementary support that aligns with the objectives of the bill.

Companion Bills

No companion bills found.

Previously Filed As

WY HB0074

Wyoming outdoor recreation and tourism trust fund.

WY SF0146

State funded capital construction.

WY HB0132

Wyoming housing trust fund.

WY SF0017

Off-road recreational vehicles-safety and insurance.

WY SF0085

State funds-streamlining transfers and distributions.

WY SF0106

2023 large project funding.

WY HB0046

Wyoming public safety communications system trust fund.

WY HB0089

State investment returns-adequate reserve funding.

WY SF0097

Education trust fund transfer.

WY HB0115

Elections administration.

Similar Bills

WY HB0067

Outdoor Recreation and Tourism Trust Fund Administration-2.

WY HB0075

Public property-amendments.

WY SF0001

General government appropriations-2.

WY HB0001

General government appropriations.

WY SF0070

Investment modernization-state nonpermanent funds-2.

WY HB0055

State budgeting and reserves-account repeal.

WY HB0188

Centralized electronic notice system.

WY SF0075

Omnibus water bill-construction.