9-12-905. Wyoming workforce housing infrastructure program account.
(a) There is created the workforce housing infrastructure program account. Funds shall be credited to the account as provided by law. Funds in the account shall be used only upon legislative appropriation for cooperative agreements and loans authorized to be made under this article. Except for any repayments of principal on loans, all funds including any earned interest in the account shall revert to the general fund on April 1, 2011. Any repayments of principal on loans under this article remaining in the workforce housing infrastructure program account at the end of a biennium shall not lapse and shall not revert as provided in W.S. 9-4-207 but shall remain in the account to implement the purposes of this section.
(b) Interest and repayments of principal on loans under this article shall be redeposited into the workforce housing infrastructure program account.
(c) Accrued interest and other earnings on unexpended funds within the account shall be credited to the workforce housing infrastructure program account.
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