Sen. Tara Nethercott

Maddy summaryHB 45 creates a property tax exemption for single-family homes in Wyoming, directly affecting homeowners with residential structures. The exemption covers increases in a home's value above 5% of the previous year's assessed value, meaning homeowners pay tax only on growth exceeding that threshold. However, the exemption doesn't apply if the value increase comes from new construction, additions, or if the property was purchased in the prior year. The law requires tax assessment notices to include exemption details and applies to tax years starting January 1, 2024.

Maddy summaryWyoming's SF 57 creates a state-funded hearing aid program for adults with hearing impairment who meet specific income and eligibility criteria. It directly affects Wyoming residents aged 18+ diagnosed with hearing loss by a physician or audiologist, with household income at or below 200% of the federal poverty level, who cannot obtain hearing aids through private insurance, Medicaid, or Medicare at low cost. The program provides up to one set of hearing aids (one per ear) every five years, including fittings and ear molds, at state-paid rates matching Wyoming Medical Assistance program costs. The bill appropriates $90,000 from the general fund for program costs and $9,000 for an administrative position, both expiring June 30, 2026.

Maddy summarySF 90 creates a state-managed investment pool allowing Wyoming cities, towns, counties, school districts, and other local governments to pool their existing funds for equity investments (like stocks) through the state treasurer. Local entities must acknowledge investment risks in writing and cannot seek state reimbursement for losses. The state treasurer will set rules for fund transfers, withdrawals, minimum pool sizes, and fees covering only actual costs. This bill modifies existing investment rules (W.S. 9-1-419) without creating new government spending, effective July 1, 2024.

Maddy summaryWyoming's SF 100 requires insurers and their intermediaries to pay pharmacies within 21 days for electronic pharmacy claims and 30 days for non-electronic claims, provided the claim is "clean" (complete with all required documentation). If payment isn't made on time, insurers must pay 18% annual interest. The bill defines "clean claims" as those without deficiencies, mandates insurers to notify pharmacies of missing information within 10-15 days, and prohibits insurers from charging pharmacies fees for payment processing. This applies to all pharmacy benefit contracts and takes effect July 1, 2024.

Maddy summaryWyoming's SF 96 clarifies that certain custodial and fiduciary accounts held by banks - where customers' assets (including digital assets) are managed - cannot be treated as the bank's assets during bankruptcy or receivership. The bill requires banks to keep these assets fully segregated from their own funds, maintain separate accounting, and use written agreements explicitly stating customers retain ownership. It specifically governs digital asset handling, allowing stablecoin reserves and third-party trading platforms under strict segregation rules, while prohibiting commingling of customer assets with the bank’s or third parties’ assets. This directly affects banks offering digital asset custody services and their customers by ensuring asset protection in financial distress.

Maddy summaryWyoming's SF 77 requires county clerks to report property sales within five miles of designated critical infrastructure zones to the Office of Homeland Security and the Division of Criminal Investigation. Critical infrastructure zones - designated by the governor in consultation with the homeland security director - include areas vital to state or national security, such as energy facilities or communication systems. The law mandates that these agencies investigate transactions involving "designated countries or persons" (like foreign adversaries) or posing security threats, with all investigation details kept confidential. Annual reviews of zone designations ensure they remain the least restrictive necessary for security.

Maddy summaryWyoming's SF 132 allocates unspent federal American Rescue Plan Act (ARPA) pandemic relief funds to specific state programs. The bill directs $440 million in ARPD funds (unexpended federal relief funds) to agencies like health departments, workforce programs, outdoor recreation, transportation infrastructure, and emergency services. Key provisions specify that funds must support pandemic recovery efforts, such as healthcare worker retention, rural health innovations, and emergency response systems, while prohibiting general post-secondary education spending except for critical career training. The bill also requires reporting on fund usage and sets conditions for how agencies may spend the allocated amounts.

Maddy summaryThis bill creates a new legal right for vulnerable adults in Wyoming to sue anyone who exploits them. It allows vulnerable adults (or specific representatives like guardians, family members, caregivers, or nursing facilities) to seek compensation for actual damages, punitive damages, and attorney fees. The law applies to exploitation cases and permits lawsuits in any appropriate court. It takes effect on July 1, 2024.

Maddy summaryThis bill (SF 79) allows small malt beverage manufacturers (producing 25,000 barrels or less annually) to terminate distribution agreements with distributors without needing a specific reason. It requires manufacturers to pay distributors compensation equal to the franchise’s fair market value plus the cost of inventory held in warehouses or transit. Disputes over compensation are resolved through binding arbitration under specific rules, with costs shared equally unless a good-faith estimate was made. The law takes effect July 1, 2024, applying to new agreements and renewals of existing ones after that date.

Maddy summaryThis Wyoming bill (HB 145) defines "customer" to include natural persons or their agents/trustees for open banking purposes. It requires banks to obtain a customer's express written consent before sharing any data with third parties, and limits shared data to what is strictly necessary for the customer to receive a financial product or service. The law directly affects Wyoming residents who use banking services and banks offering open banking features. It takes effect on July 1, 2024, and does not create new services but sets clear rules for data sharing.