ORIGINAL SENATE                                          

FILE   NO.  0011

 

ENROLLED ACT NO. 3,  SENATE

 

FIFTY-SIXTH LEGISLATURE OF THE STATE OF WYOMING

2001 GENERAL SESSION

 

 

 

 

AN ACT relating to the Wyoming education trust fund;
clarifying disposition of specified revenues available to
the trust fund; accordingly transferring previous
dispositions; and providing for an effective date.

 

Be It Enacted by the Legislature of the State of Wyoming:

 

Section 1.  1997 Special Session Laws, Chapter 3,
Section 504(b) is amended to read:

 

Section 504.

 

(b)  Of the revenue deposited into the
common school account within the permanent land
fund from revenues available under the negotiated
easement agreement with the Express Pipeline
Partnership in 1996, five million dollars
($5,000,000.00) shall be accounted for separately
and the interest earned thereon shall not be part
of the distribution from the common school
account under W.S. 21-13-301, and shall be
deposited into the Wyoming trust fund within the
trust and agency fund, as establishedseparate
general fund account maintained by the state
treasurer pursuant to W.S. 21-22-101(a)
21-22-101(b) for distribution in accordance with
W.S. 21-22-102.

 

Section 2.  Notwithstanding 1997 Special Session Laws,
Chapter 3, Section 504, the state treasurer shall transfer
amounts which were deposited prior to the effective date of
this act into the Wyoming trust fund within the trust and
agency fund pursuant to 1997 Special Session Laws, Chapter
3, Section 504(b), into the special general fund account
maintained under W.S. 21-22-101(b).  Amounts deposited

 

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within the special general fund account shall be available
for expenditure in accordance with W.S. 21-22-102.

 

Section 3.  This act is effective immediately upon
completion of all acts necessary for a bill to become law
as provided by Article 4, Section 8 of the Wyoming
Constitution.

 

(END)

 

 

 

 

                                     

Speaker of the House                  President of the Senate

 

                                              

                 Governor                     

                                              

                 TIME APPROVED: _________     

                 DATE APPROVED: _________     

 

I hereby certify that this act originated in the Senate.

 

 

Chief Clerk

 

 

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