Wyoming Statutes

Wyo. Stat. § 9-2-2604 (2026)

Workforce development training fund established.

✓ current as of May 2026
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(a) There is established the Wyoming workforce development
training fund. The state treasurer shall invest available
revenues in the fund in accordance with law, and earnings from
those investments shall be credited to the fund. The revenues in
the fund are continuously appropriated to the department of
workforce services to be expended as provided in this section.

     (b) Revenues in the Wyoming workforce development training
fund may be expended for the following:

          (i)    For all administrative costs incurred by:

               (A) The department of workforce services
associated with establishing, assessing, collecting and
maintaining the state unemployment insurance trust fund and
assessing and collecting the Wyoming workforce development
training fund; and

               (B) The department of workforce services
associated with maintaining the Wyoming workforce development
training fund.

          (ii) To fund workforce development programs in the
department of workforce services with the approval of the
governor;

          (iii) To provide workforce development programs
designed to train, retrain or upgrade work skills for existing
Wyoming workers; and

          (iv) To provide training for skills necessary for
specific economic development initiatives.

     (c) Expenditures from the workforce development training
fund for purposes authorized in subsection (b) of this section
shall be approved by the director of the department of workforce
services based on procedures, criteria and performance measures
established by regulations. Notification of expenditures
approved under paragraphs (b)(iii) and (iv) of this section and
a copy of the training fund application shall be provided to the
Wyoming business council. The director of the department of
workforce services shall report annually to the governor and the
legislature on the expenditures made from the training fund in
the preceding fiscal year and the results of the activities
funded by the training fund.