State loan and bond programs.

Wyoming's SF 71 modifies state loan programs by lowering maximum loan amounts for farm, infrastructure, and road projects. It removes the $50 million limit on permanent funds for beginning agriculture producer farm loans, sets a 3% minimum interest rate for all farm loans, and prohibits new loans under the Wyoming Joint Powers Act and student dormitory loans. The bill also ends all new state loan board loans after April 1, 2023, while maintaining lower interest rates (8% or the 10-year Treasury yield) for beginning farmers for 10 years. These changes directly affect farmers, local governments (cities, counties, school districts), and community colleges by altering loan access, interest rates, and program eligibility.