| HB 0013 |
Support | Investment of public funds. |
Michael Madden |
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2/21/2017 |
Chapter No. 33 Session Laws of Wyoming 2017 |
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| This bill clarifies the fiduciary role of local government investment agents given in the 2016 Legislative Session. It reiterates they are subject to the Wyoming Uniform Prudent Investor Act and are subject to the state's jurisdiction. This stresses adequate due diligence when investing public funds - including local governments. |
| HB 0067 |
Support | Determination of agricultural land for taxation. |
Michael Madden |
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2/3/2017 |
H:Died in Committee Returned Bill Pursuant to HR 5-4 |
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| This bill increases the qualification requirements for land to be taxed as agricultural lands at a lower tax rate. |
| HB 0105 |
Oppose | LSRA-limitations on appropriations. |
Michael Madden |
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2/3/2017 |
H:Died in Committee Returned Bill Pursuant to HR 5-4 |
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| This bill sets limits on the use of the LSRA. WAM opposes since it would prevent any appropriations for local governments in future bienniums. WAM UPDATE: 1/31/17 JAC did not approve to move the bill, "stayed in the drawer" |
| HB 0109 |
Monitor | Volunteer pension account-search and rescue. |
Michael Madden |
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2/3/2017 |
H:Died in Committee Returned Bill Pursuant to HR 5-4 |
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| This bill adds volunteer firemen, EMT, and search and rescue personnel to the Wyoming state pension system, it also changes from 70% to 76% of the gross premium tax levided upon fire insurance premiums. |
| HB 0151 |
Support | Cigarette tax. |
Michael Madden |
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2/28/2017 |
S:DO PASS FAILED in Accordance with Senate Rule 5-4: 2-3- |
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| This bill increases the tax per cigarettes from $.006 to $.009 with the increase of distribution to municipalities from 33 1/3% to 74 1/2%. WAM Action Taken: 1/25/17 Laurie Heath testified in support stressing although this is small revenue, WAM should support any revenue change. |
| HB 0162 |
Monitor | Property tax assessment rates. |
Michael Madden |
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2/3/2017 |
Did Not Consider in COW |
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| This bill alters the taxation of industrial and all other property rates and distributions. WAM ACTION: 1/30/17, bill passed 7-2 despite strong opposition from many entities. |
| HJ 0006 |
Neutral | Budget shortfall reserve accounts. |
Michael Madden |
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2/3/2017 |
H:Died in Committee Returned Bill Pursuant to HR 5-4 |
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| This bill modifies the use of reserve accounts to cover budget shortfalls. WAM will closely monitor and evaluate to determine potential effect on local government distribution. |