Wyoming Economic Development Act

Wyoming · Administration of the Government · §§ 9-12-1001 to 9-12-905 · 87 sections

Overview

This act establishes a state's institutional framework for economic development, creating a business council along with tourism and main street advisory boards, and setting out their composition, appointment and terms, rulemaking authority, fiscal controls, conflict-of-interest rules, and duties to report to the governor and legislature. It charges those bodies with delivering economic development services, planning and research, tourism promotion, coordination of business permits, and support for agriculture — including revenue bond financing for agricultural processing projects and exemptions from certain taxes — as well as running a main street program and energy performance contracting. It also creates investment and diversification mechanisms: a small business investment credit administered through certified investment companies subject to aggregate credit limits, registration and reporting requirements, rules on distributions, and decertification for noncompliance; startup investment authority; and an executive council, coordinator, and dedicated accounts funding economic diversification and a research and innovation program.

Editorial summary generated from the text of this act. It is not part of the statute — read the sections below for the operative language.

In the courts

Sections of this act have been cited in 1 court decision.

Most-cited authority: 2022 WY 122 - Solvay Chemicals, Inc. v. Wyoming Department of Revenue

Sections covered

Wyo. Stat. Ann. § 9-12-1001Wyoming tourism board; creation; composition; appointment; terms; compensation
Wyo. Stat. Ann. § 9-12-1002General powers and duties of the board; rulemaking authority
Wyo. Stat. Ann. § 9-12-101Short title
Wyo. Stat. Ann. § 9-12-103Wyoming business council; creation; composition; compensation; termination; meetings; surety bonds; fiscal control
Wyo. Stat. Ann. § 9-12-104General powers and duties of the council
Wyo. Stat. Ann. § 9-12-105Economic development services
Wyo. Stat. Ann. § 9-12-106Planning and research
Wyo. Stat. Ann. § 9-12-107Tourism promotion and development
Wyo. Stat. Ann. § 9-12-108Coordination of business permits
Wyo. Stat. Ann. § 9-12-109Promotion of agriculture; financing of agriculture processing projects; revenue bonds
Wyo. Stat. Ann. § 9-12-110Exemptions from taxation; exceptions
Wyo. Stat. Ann. § 9-12-1101Definitions
Wyo. Stat. Ann. § 9-12-1102Wyoming main street advisory board
Wyo. Stat. Ann. § 9-12-1103Duties of the board
Wyo. Stat. Ann. § 9-12-1104Duties of the council
Wyo. Stat. Ann. § 9-12-1105Main street program
Wyo. Stat. Ann. § 9-12-111Investment and management of funds; audit
Wyo. Stat. Ann. § 9-12-112Annual report and budget
Wyo. Stat. Ann. § 9-12-113Conflicts of interest
Wyo. Stat. Ann. § 9-12-114Startup-Wyoming investments
Wyo. Stat. Ann. § 9-12-1201Definitions
Wyo. Stat. Ann. § 9-12-1202Energy performance contracting
Wyo. Stat. Ann. § 9-12-1203Energy performance contracting
Wyo. Stat. Ann. § 9-12-1301Short title
Wyo. Stat. Ann. § 9-12-1302Definitions
Wyo. Stat. Ann. § 9-12-1303Certification
Wyo. Stat. Ann. § 9-12-1304Requirements
Wyo. Stat. Ann. § 9-12-1305Wyoming small business investment credit
Wyo. Stat. Ann. § 9-12-1306Aggregate limitations on investment tax credits; allocation
Wyo. Stat. Ann. § 9-12-1307Requirements for continuance of certification
Wyo. Stat. Ann. § 9-12-1308Wyoming small business investment company reporting requirements
Wyo. Stat. Ann. § 9-12-1309Distributions
Wyo. Stat. Ann. § 9-12-1310Decertification; certification of compliance
Wyo. Stat. Ann. § 9-12-1311Registration requirements
Wyo. Stat. Ann. § 9-12-1312Reports to the governor and legislature
Wyo. Stat. Ann. § 9-12-1401Economically needed diversity options for Wyoming executive council; creation; appointment and terms of members
Wyo. Stat. Ann. § 9-12-1402General powers and duties of the council; economic diversification policy and strategy; authority of governor
Wyo. Stat. Ann. § 9-12-1403Coordinator of economic diversification; duties
Wyo. Stat. Ann. § 9-12-1404Economic diversification account created; authorized expenditures
Wyo. Stat. Ann. § 9-12-1405Wyoming research and innovation program fund created; authorized expenditures from the fund; rulemaking
Wyo. Stat. Ann. § 9-12-1501Broadband development program established; purposes; eligibility; definitions1 cite
Wyo. Stat. Ann. § 9-12-1502Application process
Wyo. Stat. Ann. § 9-12-1503Application contents; application modification
Wyo. Stat. Ann. § 9-12-1504Challenge process
Wyo. Stat. Ann. § 9-12-1505Funding determinations
Wyo. Stat. Ann. § 9-12-1506Limitations
Wyo. Stat. Ann. § 9-12-1507Application evaluation report
Wyo. Stat. Ann. § 9-12-1508ADMINISTRATION OF THE GOVERNMENT › WYOMING ECONOMIC DEVELOPMENT ACT › BROADBAND DEVELOPMENT PROGRAM
Wyo. Stat. Ann. § 9-12-1509Advisory council; broadband coordinator
Wyo. Stat. Ann. § 9-12-1510Middle-mile broadband projects
Wyo. Stat. Ann. § 9-12-201Assumption of science technology and energy authority functions
Wyo. Stat. Ann. § 9-12-202Applications for financial aid from the council
Wyo. Stat. Ann. § 9-12-301Definitions
Wyo. Stat. Ann. § 9-12-302Wyoming partnership challenge loan program; creation; rulemaking; administration account
Wyo. Stat. Ann. § 9-12-303Council duties; actions on loan applications
Wyo. Stat. Ann. § 9-12-304Criteria for loans
Wyo. Stat. Ann. § 9-12-305Economic development enterprise fund account; deposits; continuous appropriation; loans
Wyo. Stat. Ann. § 9-12-306Audit; report
Wyo. Stat. Ann. § 9-12-307Penalty
Wyo. Stat. Ann. § 9-12-308Large project loan program
Wyo. Stat. Ann. § 9-12-401ADMINISTRATION OF THE GOVERNMENT › WYOMING ECONOMIC DEVELOPMENT ACT › FILM AND VIDEO PROMOTION
Wyo. Stat. Ann. § 9-12-402ADMINISTRATION OF THE GOVERNMENT › WYOMING ECONOMIC DEVELOPMENT ACT › FILM AND VIDEO PROMOTION
Wyo. Stat. Ann. § 9-12-403ADMINISTRATION OF THE GOVERNMENT › WYOMING ECONOMIC DEVELOPMENT ACT › FILM AND VIDEO PROMOTION
Wyo. Stat. Ann. § 9-12-404ADMINISTRATION OF THE GOVERNMENT › WYOMING ECONOMIC DEVELOPMENT ACT › FILM AND VIDEO PROMOTION
Wyo. Stat. Ann. § 9-12-405ADMINISTRATION OF THE GOVERNMENT › WYOMING ECONOMIC DEVELOPMENT ACT › FILM AND VIDEO PROMOTION
Wyo. Stat. Ann. § 9-12-406ADMINISTRATION OF THE GOVERNMENT › WYOMING ECONOMIC DEVELOPMENT ACT › FILM AND VIDEO PROMOTION
Wyo. Stat. Ann. § 9-12-407ADMINISTRATION OF THE GOVERNMENT › WYOMING ECONOMIC DEVELOPMENT ACT › FILM AND VIDEO PROMOTION
Wyo. Stat. Ann. § 9-12-408ADMINISTRATION OF THE GOVERNMENT › WYOMING ECONOMIC DEVELOPMENT ACT › FILM AND VIDEO PROMOTION
Wyo. Stat. Ann. § 9-12-409ADMINISTRATION OF THE GOVERNMENT › WYOMING ECONOMIC DEVELOPMENT ACT › FILM AND VIDEO PROMOTION
Wyo. Stat. Ann. § 9-12-501ADMINISTRATION OF THE GOVERNMENT › WYOMING ECONOMIC DEVELOPMENT ACT › WYOMING COUNCIL FOR WOMEN'S ISSUES
Wyo. Stat. Ann. § 9-12-502ADMINISTRATION OF THE GOVERNMENT › WYOMING ECONOMIC DEVELOPMENT ACT › WYOMING COUNCIL FOR WOMEN'S ISSUES
Wyo. Stat. Ann. § 9-12-601Wyoming business ready community program; purpose; creation; rulemaking
Wyo. Stat. Ann. § 9-12-602Wyoming business ready community program account
Wyo. Stat. Ann. § 9-12-603Council duties; actions on grant and loan applications
Wyo. Stat. Ann. § 9-12-701Amended and Renumbered as W.S
Wyo. Stat. Ann. § 9-12-702Amended and Renumbered as W.S
Wyo. Stat. Ann. § 9-12-703ADMINISTRATION OF THE GOVERNMENT › WYOMING ECONOMIC DEVELOPMENT ACT › AIR SERVICES FINANCIAL AID
Wyo. Stat. Ann. § 9-12-801Wyoming community facilities program; purpose; creation; administration by council; rulemaking authority; eligible projects
Wyo. Stat. Ann. § 9-12-802Community facility qualifications; demonstration of need
Wyo. Stat. Ann. § 9-12-803Community facility grant and loan; approval by state loan and investment board
Wyo. Stat. Ann. § 9-12-804Wyoming community facilities program account
Wyo. Stat. Ann. § 9-12-805ADMINISTRATION OF THE GOVERNMENT › WYOMING ECONOMIC DEVELOPMENT ACT › WYOMING COMMUNITY FACILITIES PROGRAM
Wyo. Stat. Ann. § 9-12-901Wyoming workforce housing infrastructure program; purpose; definitions
Wyo. Stat. Ann. § 9-12-902Wyoming workforce housing infrastructure program; creation; rulemaking
Wyo. Stat. Ann. § 9-12-903Council duties; actions on loan applications
Wyo. Stat. Ann. § 9-12-904Community land trusts; eligibility; requirements
Wyo. Stat. Ann. § 9-12-905Wyoming workforce housing infrastructure program account

Enacted in other states

Arkansas, Iowa, Louisiana, Texas

All Wyoming named statutes →

Download

Copy

Embed on your site

Hover to preview · click to copy the code

Search Wikipedia →