Wyoming 2025 2025 Regular Session

Wyoming Senate Bill SF0172 Introduced / Fiscal Note

Filed 01/23/2025

                    Physical therapy licensure compact.25LSO-0196, 1.3
SF0172
FISCAL NOTE
FY 2026FY 2027FY 2028NON-ADMINISTRATIVE IMPACTAnticipated Revenue (decrease)SPECIAL REVENUE FUND (Application Fees)($25,114)($25,114)($25,114)SPECIAL REVENUE FUND (Renewal Fees)($22,800)($8,250)($4,125)
Source of revenue (decrease):
Decrease in fees collected from applicants applying by endorsement.
Decrease in fees collected from out-of-state licenses.
Assumptions:
The Board estimated 70% of out-of-state Physical Therapist and Physical Therapist 
Assistant applicants would choose not to apply via endorsement, but would instead 
purchase a PTCompact Privilege.
As the PT Compact is implemented, at least 50% of the active licensees with an 
out-of-state address will choose not to renew their Wyoming Physical Therapist or 
Physical Therapist Assistant license.
FY 2026FY 2027FY 2028NON-ADMINISTRATIVE IMPACTAnticipated Expenditure increaseSPECIAL REVENUE FUND (0800 series)$2,500 $0 $0 
Source of expenditure increase(decrease):
Enterprise Technology Services has estimated that the cost to the Board would be 
a one time cost of approximately $2,500. 
Assumptions:
Although the PT Compact Commission has the authority to levy an annual assessment 
to each member board, since its inception in 2017, there has yet to be an 
assessment levied. The operations of the compact are currently supported by 
revenue collected from the sales of compact privileges, however this could change 
at a later date.
Prepared by:   Catherine Camarotte, LSO Phone: 777-7881
(Information provided by Chelsea Cortez, Board of Physical Therapy, 307-777-3504)