Administrative Rule Review Report #AR10-011
Legislative Service Office
2-Feb-10
AGENCY: Wyoming Business Council.
DATE SUBMITTED: January 27, 2010.
SUBJECT: Chapter 1, General Provisions; Chapter 2, Community Facilities Grants; and Chapter 3, Community Facilities Loans.
NATURE OF RULES: Legislative, Procedural
STATUTORY AUTHORITY: W.S. 9-12-104(a)(iv) and 9-12-801(c)
DETERMINATION OF PROCEDURAL COMPLIANCE BASED UPON INFORMATION SUBMITTED BY THE AGENCY TO LSO: While the Wyoming Administrative Procedure Act does not apply generally to the Wyoming Business Council [W.S. 9-12-103(g)], W.S. 9-12-104(a)(iv) provides that rules adopted by the Wyoming Business Council be submitted to the Management Council for review. Otherwise, procedural compliance is apparently complete to date.
SUMMARY OF RULES: Chapter 1 adds the definition for the special assistance loan fund, eliminates equipment from in-kind contributions, reduces the grant and loan application submittals to once per year, reduces the maximum grant award requiring a match from $1,500,000 to $1,000,000, allows the special assistance loan fund to complete minimum match requirements and clarifies provision for projects not started within one year and projects with contingencies.
Chapter 2 adds community assessment, certified tourism community planning and main street planning to economic development plans.
Chapter 3 explains the use of the special assistance loan, reduces the maximum community facilities loan from $1,500,000 to $1,000,000, establishes the maximum for a special assistance loan at $1,500,000 and reduces the interest rates to no or low interest rate as recommended by the council and established by the board.
FINDINGS: The rules appear to be within the scope of statutory authority and legislative intent.
STAFF RECOMMENDATION: That the rules be placed on the Consent List and be approved by the Council as submitted by the Agency.
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Maxine R. Weaver
Staff Attorney
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Lynda G. Cook
Staff Attorney