Wyoming lawmakers reject upfront bonding for industrial projects, advance state fund alternative

Wyoming lawmakers reject upfront bonding for industrial projects, advance state fund alternative

CASPER, Wyo. — State lawmakers rejected a proposal to require industrial companies to post bonds for upfront impact assistance to local governments. The Joint Minerals, Business and Economic Development Interim Committee let the draft bill die without a motion during its recent meeting. Lawmakers instead advanced an alternative that uses state funds to help communities facing financial strain from industrial projects before construction begins. …