This bill will require open-end credit plan lenders to be licensed and to post a $10,000 surety bond for each location. These combined cannot exceed $50,000, and the bond will be conditioned on the licensee’s performance of all written agreements with borrowers or prospective borrowers. This must also be correctly and accurately accounting for all funds received in the course of his or her business and conducting his or her business in compliance with all applicable laws. The surety’s aggregate liability will be limited to the penal sum on the bond and the bill will amend actions on the bond as well.

This bill will establish the Snohomish Polytechnical College in which the treasurer of the college board of trustees must post a surety bond. This is to guarantee the faithful performance of his or her duties.

This will authorize and provide procedures for the use of hydraulic fracturing and horizontal drilling for the extraction of natural gas through this bill. A $25,000 surety bond per well would be required under this bill. This is to ensure the compliance with all applicable laws and rules relating to the drilling, re-drilling, deepening, casing, stimulating, and the plugging of gas wells. This will also pertain to the plugging of gas wells, abandonment, reclamation of wells, and for the furnishing of such reports required.

Special procedures are created through this bill for building natural gas transportation roads that will aid in the expansion of natural gas drilling in the State. Natural gas well owners must obtain a permit in order to have equipment or materials transported over a natural gas resource transportation road. A performance bond will be accepted to cover the costs of road repairs possibly would be required with this permit.

This bill will create procedures for declaring a dog to be dangerous. The owners of the dangerous dogs could dispute the designation in court. A $200 bond will be required in connection with the proceedings.

The surety bond amount for the treasurer of the board of directors of a county weed and pest control district will be increased through this bill. The bond amount will be increased from $3,000 to $50,000.

Collection agencies license bond amount will be increased from $10,000 to $25,000. A requirement to increase the bond amount by $5,000 for each licensed office will also be increase through this bill for collection agencies.

The administrator and the secretary-treasurer of the proposed Wyoming Board of Professional Engineers and Professional Land Surveyors will be required to be bonded. This will be required to secure the faithful performance of the duties of office.

The bond requirements for circuit court judges and magistrates will be repealed through this house bill. Under current law a $5,000 surety bond for circuit court judges and a $1,000 bond for magistrates must be posted.

The lottery will be authorized in Wyoming through this bill. Vendors will be required to post a performance bond or other security for contracts with the proposed Wyoming Lottery Corporation. Through this new bill lottery retailers may be required to post a bond from an insurance company acceptable to the Corporation. The amount of the bond cannot exceed the applicable district sales average of lottery tickets for two billing periods. The Corporations employees that have had access to its funds would also have to be bonded. The amount of the bond for the employees would be determined by the board.