Please Note: The following summaries of legislation enacted during the 2004 Legislative Session were prepared by the Legal Services Division Staff for internal use by the Legislative Service Office.

 

This report is not an official publication of the Wyoming Legislature and does not purport to be an official statement of legislative intent concerning any measure  enacted by the Legislature.

 

The bill summaries contained in this report were prepared as an aid to locating enacted legislation and as a brief recap of the major provisions of each bill.  While the information provided in these summaries is accurate, the summaries are not intended as a detailed abstract and reference should be made to the enacted bills for more complete information.

 

Bill No.: SF0059                  Drafter:  JHR

 

LSO No.:  04LSO-0309.E1           Effective Date:  7/1/2004

 

Enrolled Act No.:  SEA0056

 

Chapter No.:       97

 

Prime Sponsor:     Senator Schiffer

 

Catch Title:       Military assistance trust fund.

 

Subject:  Creates a military assistance trust fund.

 

Summary/Major Elements:

 

·        This bill:

 

·        Creates a military assistance trust fund;

·        Provides for investment of trust funds and distribution of interest earned on the trust fund;

·        Authorizes expenditure of funds to assist members of national guard or other military services and their families that are experiencing financial hardship as a result of the members' active duty as specified;

·        Specifies eligibility for assistance under the program;

·        Requires an annual report;

·        Requires rulemaking;

·        Provides appropriations.

 

Comments:

 

· Popular name – Military Assistance Trust Fund

· Report Required – Adjutant General to report annually to joint appropriations committee by September 1

· Creates/amends major program – financial assistance to members of national guard or other military services, or their families as specified

 

At the time this bill summary was prepared, final action on the bill in both houses was not completed. If there are any changes to the final bill, an updated bill summary for this bill will be provided.