2025
STATE OF WYOMING
25LSO-07071HB0292
HOUSE BILL NO. HB0292
Budget reserves-recommended appropriation amount.
Sponsored by: Representative(s) Bear, Heiner and Smith, S
and Senator(s) Hicks, Laursen, D and
Steinmetz
A BILL
for
1 AN ACT relating to the administration of the government;
2 amending the required recommendation amount of estimated
3 general fund receipts to be appropriated as specified;
4 making conforming amendments; and providing for an
5 effective date.
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9. W.S. 9-2-1012(e) and 9-2-1013(d)(ii) are
10 amended to read:
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15 2025STATE OF WYOMING25LSO-07072HB0292
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4 (e) In preparing the overall state budget for
5 distribution to the legislature, including any
6 supplemental, budget shortfall or other emergency changes
7 to the budget, the governor shall recommend to the
8 legislature that not less than
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10 next biennial budget period shall be appropriated from the
11 general fund to the budget reserve account within the
12 earmarked fund. This appropriation shall be in addition to
13 any fund balance within the budget reserve account. At the
14 end of each biennial budget period, general fund
15 appropriations for the biennium in excess of expenditures
16 including encumbrances during the biennium, as identified
17 by the state auditor in accordance with the provisions of
18 W.S. 9-2-1008 and 9-4-207, shall be transferred into the
19 budget reserve account. All funds in the budget reserve
20 account shall be invested by the state treasurer and
21 earnings therefrom shall be credited into the general fund.
22 Appropriations to the account shall not lapse at the end of 2025STATE OF WYOMING25LSO-07073HB0292
1 any fiscal period. Expenditures from the budget reserve
2 account shall be by legislative appropriation only.
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8 (d) In addition to the items contained in subsection
9 (a) of this section and notwithstanding any other
10 recommendations made by the governor, the state budget
11 shall also include the governor's recommendations for
12 appropriations for the ensuing two (2) years, or if a
13 supplemental budget request, the remainder of the budget
14 period, subject to the following:
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16 (ii) The total recommended appropriations under
17 this subsection for any two (2) fiscal year budget period
18 shall not exceed the total estimated revenues for that two
19 (2) year period. The total estimated revenues computed
20 under this paragraph shall not include increases in
21 existing revenue sources which would be available to the
22 state only after enactment of legislation in addition to
23 existing law, but shall include the unencumbered balances 2025STATE OF WYOMING25LSO-07074HB0292
1 in all other accounts in all other expendable funds subject
2 to this section, and as further provided herein, as those
3 funds are identified in accordance with standards
4 promulgated by the governmental accounting standards board,
5 but specifically excluding pension funds, nonexpendable
6 trust funds, debt service funds and intragovernmental
7 funds, that would be available for that budget period.
8 Funds within the permanent Wyoming mineral trust fund
9 reserve account created under W.S. 9-4-719(b), the common
10 school permanent fund reserve account created under W.S.
11 9-4-719(f), funds within the legislative stabilization
12 reserve account in excess of the limitation under
13 subparagraph (iii)(C) of this section, or funds within
14 of estimated general fund
15 receipts for the next biennium to be appropriated to the
16 budget reserve account as required by W.S. 9-2-1012(e)
17 shall not be included in total estimated revenues computed
18 under this paragraph. Funds from a contingent
19 appropriation shall not be included as an estimated source
20 of revenue or funds available unless those funds previously
21 had been authorized to be expended within the fiscal period
22 covering the budget period of the recommendation;
23 2025STATE OF WYOMING25LSO-07075HB02921. This act is effective immediately upon
2 completion of all acts necessary for a bill to become law
3 as provided by Article 4, Section 8 of the Wyoming
4 Constitution.
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6 (END)