SF0056 - State employees' and officials' insurance reserve account.

 

2001

State of Wyoming

01LSO-0011

 

 

 

SENATE FILE NO.  SF0056

 

 

State employees' and officials' insurance reserve account.

 

Sponsored by:  Senator(s) Harris, Cathcart, Decaria, Job
and Mockler and Representative(s) Johnson,
L., McGraw, Nelson, Parady and Ross

 

 

A BILL

 

for

 

 1  AN ACT relating to state employees' and officials' group
 2  health insurance; creating a reserve account; providing for
 3  interest from funds in the reserve account to be used to
 4  reduce state employees' and officials' health insurance
 5  premiums; providing for funding of the account;
 6  appropriating funds; and providing for an effective date.

 7 

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

 9 

10         Section 1.  W.S. 9-3-210 by creating a new subsection
11  (e), 9-3-213 by creating a new subsection (d) and 9-4-207
12  by creating a new subsection (d) are amended to read:

13 

14         9-3-210.  Amount of state's contribution; estimates
15  submitted to state budget officer; specified employees
16  participation in federal program.

 

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 1 

 2         (e)  In addition to other contributions provided for
 3  in this section, interest from funds deposited in the state
 4  employees' and officials' health insurance reserve account
 5  pursuant to W.S. 9-4-207(d) and from funds otherwise
 6  appropriated to the account is continuously appropriated to
 7  and shall be used by the board to reduce state employees'
 8  and officials' health insurance premiums under this act.

 9 

10         9-3-213.  Treasurer of monies; bond; deposit in trust
11  and agency fund of premium cost payments, dividend payments
12  and return of premiums; expenditures; investment of excess
13  portions.

14 

15         (d)  In addition to funds remitted by the board
16  pursuant to this section, the state treasurer shall
17  transfer to the trust and agency fund interest from the
18  state employees' and officials' health insurance reserve
19  account as provided by W.S. 9-3-210(e) to be used in
20  accordance with this act.

21 

22         9-4-207.  Disposition of unexpended appropriations.

23 

 

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 1         (d)  All funds which would otherwise lapse pursuant to
 2  subsection (a) of this section at the end of the fiscal
 3  biennium ending June 30, 2002 shall be deposited by the
 4  state treasurer in a state employees' and officials' group
 5  health insurance reserve account within the earmarked
 6  revenue fund.

 7 

 8         Section 2.  There is appropriated from the general
 9  fund six million five hundred thousand dollars
10  ($6,500,000.00) to the state employees' and officials'
11  health insurance reserve account.

12 

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

17 

18                         (END)

 

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