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passed · Wyoming · House May 16, 2020

HB 1003: Emergency budgeting-COVID-19.

HB 1003 is an emergency budget law enacted in response to the COVID-19 pandemic. It directly affects Wyoming school districts and state agencies by temporarily adjusting how school funding reserves are calculated and enabling emergency fund transfers. Key provisions include raising the allowable school district reserve threshold from 15% to 25% for the 2020-2021 fiscal year, allowing the governor to transfer up to 50% of agency funds within departments or 25% between departments for pandemic response, and preventing unspent general funds from reverting to the state treasury during 2020-2022. These changes let school districts retain more funds and gave state agencies flexibility to redirect resources during the public health emergency. The law was effective immediately upon passage in May 2020.
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