(a) There is created the Wyoming state forestry good neighbor authority revolving account. The account shall include all legislative appropriations, federal funds, county funds, partner funds, funds generated from good neighbor authority projects or other federally funded cooperative forest management projects, grants, gifts, transfers, bequests, donations and all income from investments of monies in the account. The state forester is specifically empowered to accept grants, gifts, transfers, bequests and donations for deposit in the account, including those which are limited in their purpose by the grantor except as provided in W.S. 36-1-503(a)(vi). If a contract is entered into pursuant to W.S. 36-1-503(a)(iii), funds in the account may be expanded on good neighbor authority projects prior to receipt of federal fund reimbursements. Funds deposited into the account are continuously appropriated to the state forester to be expended only as provided in this section. Unless otherwise specifically provided, appropriations to the account shall not lapse or revert at the end of any fiscal period. (b) Upon written approval of the state forester, expenditures shall be made out of the account for good neighbor authority projects, other cooperative forest management projects or hiring additional employees under W.S. 36-1-503(b).
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