1. Enduring Local Prosperity

Will this policy encourage families to set down roots, leading to long-term economic development through better local opportunities for the next generation?

Result:N/A

2. Flexible Self-Reliance
Does this policy give individuals, communities and/or the state the flexibility to adapt to changing political and economic circumstances? Will this help individuals and communities move away from ongoing reliance on government programs, subsidies and mandates, and toward independence and resilience?

Result: Fail

Under HB 150,the structure of the Wyoming Business Council would remain the same, thus leaving the structure of Wyoming's largest government subsidy granting organization intact.

3. Private Property Rights

Does this policy remove institutional barriers, so that individuals or businesses may more easily use their land, property and labor in ways that do not violate the rights of others?

Result: N/A

4. Transparent Constitutional Government

Is this policy limited to carrying out the functions of a small and transparent government as described in the U.S. and Wyoming constitutions, while dividing power appropriately between the legislative, executive and judicial branches of Wyoming's government?

Result: Fail

While the task force will consider ways to make the Council more transparent under HB 150, the Council would continue to operate with minimal legislative direction and oversight.

5. Responsible Taxation & Spending

Question:Will this policy reduce government spending, broaden the tax base, simplify tax policy or lower tax/fee intake?

Result: ⚠️ Caution

HB 150would appropriate $135,000to fund discussions about reforming the Council.It also prevents the Council from expanding its programs until 2027, which is less restrictive than SF 125"hard stop" on all Council programsby2027.

6. Local and State Control

Will this policy return power to Wyoming families or local governments from state government? Or will this policy transfer power to state government from the federal government?

Result: N/A

7. Voluntary Exchange & Individual Choice

Does this policy remove obstacles from business and consumers engaging in voluntary, mutually beneficial transactions, ultimately giving consumers more choices?

Result: Fail

Funds redistributed by the Council from taxpayers to businesses are, by their nature, not reflective of consumer choice.

8. Profit Motive & Fair Competition

Does this policy encourage entrepreneurs and businesses to seek profits through calculated risks based on market prices rather than government signals, lowering prices for consumers?

Result: Fail

The Wyoming Business Council would continue distorting Wyoming's markets under HB 150while the task force considers its options.

9. Electoral Accountability

Does this policy assist Wyomingites in voting more securely and/or easily for eligible candidates in transparent elections for public office? Or provide mechanisms for holding elected or nonelected officials accountable for their actions to the people of Wyoming?

Result: Fail

HB 150wasdesigned to study reforming the Wyoming Business Council, and would do nothing to make the Council's leaders more accountable to Wyoming taxpayers before the report's findings are known.

10. Generational Resource Stewardship

Would this policy ensure Wyoming's natural resources can be shared across current and future generations of Wyomingites?

Result: N/A

Final Verdict: Fails the WyLiberty Policy Compass

Score: 0 Pass | 1 Caution | 5 Fail | 4 Not Applicable

Summary:

HB 150wouldlikely be a small net positive in isolation. But its passage would signify that stronger action was not taken, as laid out under SF 125.As such, we oppose the passage of HB 150 in favor of the more aggressive SF 125.

HB 150 creates the Wyoming Business Council Strategic Advisory Task Force to review the structure,responsibilities and performance of the Wyoming Business Council. The panel will include the governor or a designee, legislators and representatives from key sectors of Wyoming's economy, including agriculture, manufacturing and tourism. It must meet at least three times and deliver findings and recommendations to the governor and the Joint Minerals, Business and Economic Development Interim Committee by Oct. 1, 2026. The Legislative Service Office will staff the task force, which may also seek assistance from state agencies. The bill adds two ex official, nonvoting legislative appointees to the council's board and temporarily bars the council from expanding programs or duties until July 1, 2027. It appropriates $135,000 from the general fund and takes effect immediately.