HB0001H2053

 

[BUDGET AFFECTED]

 

Budget(s):    Addition to 300 Sections

 

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Page 177-after line 17  Insert the following new section and renumber as necessary:

 

"[UNIVERSITY OF WYOMING – PROCEEDS FROM SALE OF POPLAR STREET FACILITY]

 

     Section 334.

 

(a)  2010 Wyoming Session Laws, Chapter 39, Section 3, Section 067 as amended by 2011 Wyoming Session Laws, Chapter 88, Section 3, Section 067, footnote 4 requires the legislature to provide prior authorization for the University of Wyoming to expend any proceeds from the sale of the UW-Casper College Poplar Street facility. With the completion of the joint Casper College-University of Wyoming facility on the Casper college campus, the university intends to sell the Poplar Street facility. The University of Wyoming is authorized to expend the proceeds from the sale as provided in subsection (b) of this section.

 

(b)  Notwithstanding W.S. 9-4-1003(d)(iii)(B)(II), the university is authorized to use the proceeds from the sale of the Poplar Street facility to the extent necessary to supplant federal mineral royalties retained by the state treasurer under the supplemental coverage program agreement pursuant to W.S. 9‑4‑1003.".

 

To the extent required by this amendment:  adjust totals; and renumber as necessary.  MONIZ, BROWN, CONNOLLY