Wyo. Legislature Takes Up Budget Bill
Cheyenne, Wyo. (AP)-Action on the supplemental state budget bill will dominate both houses of the Wyoming Legislature this week.
Identical budget bills drafted by the Legislature’s Joint Appropriations Committee will get their first readings Monday in both the full House and Senate.
Both houses plan second readings on Wednesday and final readings Friday.
The Legislature’s Joint Appropriations Committee has recommended against following Gov. Matt Mead’s call to reduce the flow of money into permanent savings to increase the state’s so-called rainy day fund.
Mead is warning the state may need to access more ready cash in coming years of projected flat revenues.
Some senior lawmakers they believe the state needs to continue to grow permanent savings for the interest income.