State employees-authorizing semimonthly pay periods.

HB 306 allows most Wyoming state employees to choose between monthly and semimonthly pay schedules (paid on the 16th and last working day of the month). It requires the state auditor to establish rules for employees to elect or change pay frequencies, while exempting University of Wyoming staff from this provision. The bill modifies payroll statutes to accommodate semimonthly payments without changing pay amounts or benefits. It directly affects all state agency employees (excluding UW) by giving them flexibility in payment timing through a formal election process. The changes apply to both regular salaries and insurance/retirement contributions.