|
S.F. No. 0052 |
Infrastructure
authority. |
Sponsored By: Joint Corporations,
Elections and Political Subdivisions Interim Committee
AN ACT relating to the
Wyoming infrastructure authority; creating the authority; defining composition,
purposes, powers and duties of the authority; providing for the planning,
constructing, financing, maintaining and operating of electric transmission
facilities and related infrastructure by the authority; authorizing the
issuance of revenue bonds or other obligations payable from revenues of the
authority; providing terms and procedures for the issuance of bonds and other
obligations; providing for disposition of revenue of the authority; specifying
legislative findings; authorizing state investment in bonds of the authority;
authorizing financing of other projects by the authority; providing for reports
and recommendations; creating an advisory committee for the authority;
providing an appropriation for a loan to the authority and for repayment; and
providing for an effective date.
02/06/2004 Bill Number Assigned
02/09/2004 S Received for Introduction
02/09/2004 S Introduced and Referred to S07
ROLL CALL
Ayes:
Senator(s) Anderson, J., Barrasso, Boggs, Burns, Caller, Cathcart, Coe,
Decaria, Devin, Erb, Geis, Hanes, Hawks, Hines, Job, Kunz, Larson, Meier,
Northrup, Peck, Roberts, Schiffer, Scott, Sessions, Townsend and Vasey.
Nays:
Senator(s) Case, Goodenough, Massie and Mockler.
Ayes
26 Nays 4 Excused 0 Absent
0 Conflicts 0
02/11/2004 S07 Recommended Amend and Do Pass
ROLL CALL
Ayes:
Senator(s) Meier, Scott and Sessions
Nays:
Senator(s) Case and Massie
Ayes
3 Nays 2 Excused 0 Absent
0 Conflicts 0
02/11/2004 S Placed on General File
02/11/2004 S Rereferred to S02
02/16/2004 S02 Recommended Amend and Do Pass
ROLL CALL
Ayes:
Senator(s) Cathcart, Devin, Hines, Job and Schiffer
Ayes
5 Nays 0 Excused 0 Absent
0 Conflicts 0
02/16/2004 S Placed on General File
SF0052SS001/ADOPTED
Page
1-line 14 After
"recommendations;" delete balance of line.
Page
1-line 15 Delete
"authority;".
Page
3-lines 20 through 24 Delete.
Page
4-lines 1 through 4 Delete.
Page
4-line 6 Delete
"(d)" insert "(c)".
Page
5-line 8 After
"state's" insert "electric transmission".
Page
5-line 12 Delete
"production,".
Page
5-line 13 Delete
through "delivery" insert "transmission".
Page
5-line 15 After
"maintenance" insert ", upgrade"; before
"electric" insert "existing and new".
Page
5-line 20 Delete
and insert "the transmission".
Page
6-line 2 Delete
through "transportation,"; delete "and delivery".
Page
7-line 15 Delete
"construction of".
Page
7-line 19 After
"contemplated." insert "A private person, firm or corporation
that has made necessary applications to acquire any federal, state, local or
private permits, certificates or other authorizations or approvals necessary to
perform the acts, construct the facilities or provide the services within the
time required is deemed to have commenced the same.".
Page
10-line 6 Delete
"state or federal" insert "governmental".
Page
10-line 20 After
"corridors" delete "of" insert "for".
Page
11-line 11 After
"purposes" insert "and finance projects it owns".
Page
15-line 13 After
"facilities" insert ".".
Page
15-lines 14 and 15 Delete.
Page
17-line 13 After
"providing" insert "for"; delete "cost" insert
"the costs".
Page
17-line 20 Delete
"additional".
Page
17-line 21 Delete
"intrastate".
Page
20-line 1 Before
"The" insert "In order to finance projects not owned by the
authority,"; after "issue" insert "and have
outstanding".
Page
20-line 5 After
"($1,000,000,000.00)." insert "The authority shall have
contracts sufficient to justify the issuance of bonds.".
Page
22-line 4 Delete
"legal" insert "professional"; before "expenses"
insert "insurance,".
Page
27-line 19 Before
"The" insert "The authority shall report to the joint interim
corporations, elections and political subdivisions interim committee by October
1, 2004 about progress under this act.".
MEIER, CHAIRMAN
SF0052SS002/ADOPTED
Page
27-line 19 In
the First Standing Committee Amendment (SF0052SS001/A) to this line, after
"committee" insert "and the joint appropriations interim
committee". SCHIFFER, CHAIRMAN
SF0052SW001/ADOPTED
Page
5-line 2 After
"infrastructure" insert ", including any interests
therein".
Page
5-line 12 After
"infrastructure" insert "and undivided or other interests
therein".
Page
6-line 12 After
"(d)" delete balance of line.
Page
6-line 13 Delete
"notwithstanding" insert "Except as provided in this
section".
Page
8-line 1 Delete
"as approved by the".
Page
8-line 2 Delete
"attorney general".
Page
12-line 3 Delete
line through "coupons,".
Page
12-line 8 After
"bonds" delete balance of line.
Page
12-line 9 Delete
"attached".
Page
12-line 13 Delete
"shall" insert "may"; after "authority" delete
",".
Page
12-lines 14 through 20 Delete
and insert "at, above or below par value, at public or private sale, in a
manner and from time to time as determined by the authority.".
Page
13-line 4 After
"facilities." insert "Any bonds issued hereunder may also be
payable from unexpended bond proceeds."; delete "or of".
Page
13-line 5 Delete
line through "attached".
Page
13-line 17 After
"facilities" insert "or bond proceeds".
Page
13-line 18 After
"shall" delete balance of line.
Page
13-lines 19 through 24 Delete.
Page
14-lines 1 and 2 Delete.
Page
14-line 3 Delete
line through "proceedings" insert "be as provided by the
resolution authorizing the bonds".
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17-line 4 After
"same" insert "or different".
Page
20-after line 5 Insert
and renumber as necessary:
"(b) The principal amount of any bonds which have
been retired, redeemed, defeased or refunded by the authority need not be taken
into account in computing compliance with the maximum amounts of bonds
authorized to be issued under subsection (a) of this section.".
Page
20-line 16 After
"." insert "The authority may enter into contracts to insure the
payment of principal and interest, for interest rate exchange contracts and for
financial guarantees to lower the cost of its borrowing.".
Page 20-line 24 Delete "in bearer form or".
Page 22-line 22 After "financed" insert "," delete
"and".
Page
22-line 23 After
"facilities" insert "," delete "and"; delete
"such"; after "guarantees" delete "," insert
"and".
Page
22-line 24 Delete.
Page
23-line 1 Delete
line through "treasurer".
Page
23-line 2 After
"entity" insert "or by any combination thereof or other security
as may be determined by the authority to be reasonable and prudent".
Page
23-after line 17 Insert:
"(d) Each pledge, agreement, mortgage or other
instrument made for the benefit or security of any bonds of the authority is
valid and binding from the time when made.
The revenues, receipts, monies and assets pledged are immediately
subject to the lien of the pledge without delivery or further act. The lien is valid and binding against
persons having claims of any kind against the authority whether or not the
persons have actual notice of the lien.
Neither the resolution nor the indenture or other instrument by which a
pledge is created need be recorded or filed.".
Page
25-line 23 After
"37-5-304(a)(ii)." insert:
"In addition to the powers otherwise
granted to the authority, the authority shall have the power to:
(i) Enter into loan or other agreements with
respect to one (1) or more projects upon the terms and conditions the authority
considers advisable;
(ii) Make and execute agreements, contracts and
other instruments necessary or convenient in the exercise of its powers and
functions, including contracts, with any individual, firm, corporation,
governmental agency or other entity.".
MEIER
02/19/2004 S Passed CoW
02/20/2004 S Laid Back Pursuant to SR 10-4A
02/23/2004 S Laid Back Pursuant to SR 10-4A
02/24/2004 S Passed 2nd Reading
SF0052S3001/ADOPTED
Page
17-line 11 Delete
"shall" insert "may".
Page
27-line 19 In
the First Standing Committee Amendment (SF0052SS001/A) to this line, delete
"interim corporations, elections and political subdivisions" insert
"minerals, business and economic development". MEIER
02/25/2004 S Passed 3rd Reading
ROLL CALL
Ayes:
Senator(s) Anderson, J., Barrasso, Boggs, Burns, Caller, Cathcart, Coe,
Devin, Hanes, Hawks, Hines, Kunz, Larson, Meier, Northrup, Peck, Roberts,
Schiffer, Scott, Sessions, Townsend and Vasey.
Nays:
Senator(s) Case, Decaria, Erb, Geis, Goodenough, Job, Massie and
Mockler.
Ayes
22 Nays 8 Excused 0 Absent
0 Conflicts 0
02/26/2004 H Received for Introduction
02/26/2004 H Introduced and Referred to H07
03/01/2004 H07 Recommended Amend and Do Pass
ROLL CALL
Ayes:
Representative(s) Illoway, Jansen, Johnson, L., Martin, McOmie,
Petersen, Prosser and Ross
Excused:
Representative(s) Latta
Ayes
8 Nays 0 Excused 1 Absent
0 Conflicts 0
03/01/2004 H Placed on General File
03/01/2004 H Rereferred to H02
03/01/2004 H02 Recommended Do Pass
ROLL CALL
Ayes:
Representative(s) Jones, Jorgensen, Meuli, Nicholas, Philp and Warren
Excused:
Representative(s) Luthi
Ayes
6 Nays 0 Excused 1 Absent
0 Conflicts 0
03/01/2004 H Placed on General File
SF0052HS001/ADOPTED (TO ENGROSSED COPY)
Page
9-line 4 After
"condemnation" insert "within the state of Wyoming".
Page
9-line 7 After
"refineries," insert "existing electric transmission,
distribution and generation facilities,".
Page
10-line 7 Delete
". The" insert ";".
Page
10-lines 8 and 9 Delete
entirely. ROSS, CHAIRMAN
03/01/2004 H Passed CoW
SF0052H2001/FAILED (TO ENGROSSED COPY)
Page
3-line 13 Delete
"may" insert "shall"; delete "the same per diem,
expenses" insert "a salary of one hundred fifty dollars ($150.00) per
day".
Page
3-line 14 Delete
"as members of the legislature" insert "as provided in W.S.
9-3-102 and 9-3-103".
Page
6-line 16 Delete
"thirty (30)" insert "ninety (90)". LANDON
SF0052H2002/FAILED (TO ENGROSSED COPY)
Page
1-line 11 After
";" delete balance of the line.
Page
1-line 12 Delete
the line through ";.
Page
24-line 17 Delete
"With the".
Page
24-lines 18 through 24 Delete
entirely.
Page
25-lines 1 through 4 Delete
entirely.
Page
27-lines 20 through 22 Delete
entirely.
Page
28-lines 1 through 10 Delete
entirely.
Renumber
as necessary LANDON
SF0052H2003/FAILED (CORRECTED COPY) (TO ENGROSSED COPY)
Page
2-line 4 Delete
"37-5-307" insert "37-5-306".
Page
17-lines 4 through 12 Delete
entirely.
Page
25-line 24 Delete
"37-5-307" insert "37-5-306". LANDON
03/02/2004 H Passed 2nd Reading
03/03/2004 H Passed 3rd Reading
ROLL CALL
Ayes:
Representative(s) Alden, Anderson, R., Bagby, Berger, Buchanan, Bucholz,
Childers, Cohee, Cooper, Edwards, Esquibel, Gilmore, Hageman, Harshman, Harvey,
Hastert, Hinckley, Iekel, Illoway, Jansen, Johnson, L., Johnson, W., Jones,
Jorgensen, Latta, Law, Lockhart, Luthi, Martin, McMurtrey, McOmie, Meuli,
Meyer, Miller, D., Morgan, Nicholas, Olsen, Osborn, Parady, Petersen, Philp,
Powers, Prosser, Robinson, Ross, Semlek, Simpson, Slater, Thompson, Walsh,
Warren and Wasserburger.
Nays:
Representative(s) Baker, Brechtel, Diercks, Gentile, Landon, Reese and
Wostenberg.
Excused:
Representative(s) Tipton
Ayes
52 Nays 7 Excused 1 Absent
0 Conflicts 0
03/04/2004 S Did Concur
ROLL CALL
Ayes:
Senator(s) Anderson, J., Barrasso, Boggs, Burns, Caller, Cathcart, Coe,
Decaria, Devin, Geis, Goodenough, Hanes, Hawks, Hines, Job, Kunz, Larson,
Massie, Meier, Mockler, Northrup, Peck, Roberts, Schiffer, Scott, Sessions,
Townsend and Vasey.
Nays:
Senator(s) Case and Erb.
Ayes
28 Nays 2 Excused 0 Absent
0 Conflicts 0
03/04/2004 Assigned Number SEA No. 0042
03/04/2004 S President Signed SEA No. 0042
03/04/2004 H Speaker Signed SEA No. 0042
03/05/2004 Governor Signed SEA No. 0042
03/05/2004 Assigned Chapter Number
Chapter No. 0084 Session Laws of Wyoming 2004.