◆ Budget included $430 in reductions, No tax increases.
On Monday, March 30, the Wyoming Legislature approved a balanced budget that significantly reduces government spending in response to historic revenue shortfalls created by the pandemic and declining coal, oil and natural gas production and prices. The bill (HB 001) passed with broad bipartisan support in both the House (57-4) and Senate (26-3).
The bill includes approximately $430 million in spending reductions—about 96% of the $446 million recommended by the Joint Appropriations Committee. It contains no tax increases.
At the same time, the bill preserves funding for services critical to Wyoming’s vulnerable populations and investments to continue to strengthen and grow our economy, including: the Department of Health and the Department of Family Services; the University of Wyoming and the state’s Community Colleges;