Local water system funding.

HB 156 creates a state-funded program to provide financial assistance to Wyoming municipalities (cities, towns, and special districts) for improving public water and wastewater systems. The program covers preliminary planning, local matching funds, repayment of other loans, and costs for joining regional systems, but only for projects meeting specific eligibility criteria like those approved under existing water pollution or drinking water loan programs. Funding comes from state loans up to $50 million annually, which must be repaid with interest capped at 1.5%, and the state loan board administers applications and reports annually to legislative committees. This program directly affects local governments managing water infrastructure by offering new funding options for system upgrades and regionalization efforts.