SF0040HS001

[TO ENGROSSED COPY]

Page 1-line 5 After "specified;" insert "amending a definition;".

Page 1-line 10 After "W.S." insert "4-10-103(a)(xv),".

Page 1-After line 14 Insert:

"4‑10‑103. Definitions.

(a) As used in this act:

(xv) "Qualified beneficiary" means a beneficiary who is currently entitled to distributions of income or principal from the trust or has a vested remainder interest in the residuary of the trust which is not subject to divestment, provided, however, if a trust has no qualified beneficiary, "qualified beneficiary" shall mean a beneficiary currently eligible to receive distributions of income or principal from the trust. The department of health is a qualified beneficiary as the vested remainder beneficiary of trusts established pursuant to W.S. 42-2-403(f)(i), (ii) and (iii) and 42 U.S.C. 1396p(d)(4)(A), (B) and (C);".

Page 4-line 2 Delete "(i) and (iii)" insert "(ii)". BUCHANAN, CHAIRMAN