S.F. No. 0084

Wyoming pipeline authority.

 

Sponsored By:     Joint Minerals, Business and Economic Development Interim Committee

 

AN ACT relating to the Wyoming natural gas pipeline authority; changing the name to the Wyoming pipeline authority; increasing the authority's bonding capacity; expanding the state treasurer's investment authority as specified; and providing for an effective date.

 

2/9/2006    Bill Number Assigned

2/13/2006   S Received for Introduction

2/13/2006   S Introduced and Referred to S09

 

ROLL CALL

Ayes:  Senator(s) Anderson, J., Aullman, Barrasso, Boggs, Burns, Coe, Cooper, Geis, Hanes, Hawks, Jennings, Johnson, Larson, Massie, Meier, Peck, Peterson, Ross, Schiffer, Scott, Sessions, Townsend, Vasey and Von Flatern.

Nays:  Senator(s) Case, Decaria, Hines, Job, Mockler and Nicholas.

Ayes 24    Nays 6    Excused 0    Absent 0    Conflicts 0

 

2/17/2006   S09 Recommended Do Pass

 

ROLL CALL

Ayes:  Senator(s) Coe, Hawks, Jennings, Townsend and Vasey

Ayes 5    Nays 0    Excused 0    Absent 0    Conflicts 0

 

2/17/2006   S Placed on General File

2/21/2006   S Passed CoW

 

SF0084S2002/ADOPTED

Delete the Mockler Second Reading Amendment (SF0084S2001/A) entirely and further amend as follows:

Page 3-line 20          Before "The bonds" insert "(a)"; strike "are" insert "shall qualify as".

Page 4-line 1           After "authority." insert "The authorization to invest in bonds of the authority shall not alter or affect any state or institutional fiduciary responsibility to make prudent investments of funds in their control."; before "With the" insert "(b)".

Page 4-line 4           Delete "state funds available for" insert "the legislative stabilization reserve account".

Page 4-line 5           Delete  "investment"; strike "in bonds of the authority".

Page 4-line 7           Strike "specified in" insert "of one hundred million dollars ($100,000,000.00).".

Page 4-line 8           Strike "W.S. 37‑5‑203(a)."; before "interest" insert "investment shall comply with all statutes governing prudent investments and".  NICHOLAS, HAWKS

 

ROLL CALL

Ayes:  Senator(s) Anderson, J., Aullman, Barrasso, Boggs, Burns, Case, Coe, Cooper, Decaria, Geis, Hanes, Hawks, Hines, Jennings, Job, Johnson, Larson, Massie, Meier, Mockler, Nicholas, Peck, Peterson, Ross, Schiffer, Scott, Sessions, Townsend, Vasey and Von Flatern.

Ayes 30    Nays 0    Excused 0    Absent 0    Conflicts 0

 

2/22/2006   S Passed 2nd Reading

 

SF0084S3001/ADOPTED

Page 4-line 1           Before "With" insert "Effective July 1, 2006,".  SCHIFFER, HAWKS

SF0084S3002/ADOPTED

Page 4-line 13          After "account." insert "In the event an investment is made from the legislative stabilization reserve account, the amount of the investment shall be transferred to the Wyoming pipeline authority investment account which is hereby created.  As the investment is returned to the account, the state treasurer shall transfer the amount of the returned investment to the legislative stabilization reserve account.".  NICHOLAS

 

2/23/2006   S Passed 3rd Reading

 

ROLL CALL

Ayes:  Senator(s) Anderson, J., Aullman, Barrasso, Boggs, Burns, Coe, Cooper, Decaria, Hanes, Hawks, Jennings, Johnson, Larson, Massie, Meier, Mockler, Nicholas, Peck, Peterson, Ross, Schiffer, Scott, Sessions, Townsend, Vasey and Von Flatern.

Nays:  Senator(s) Case, Geis, Hines and Job.

Ayes 26    Nays 4    Excused 0    Absent 0    Conflicts 0

 

2/24/2006   H Received for Introduction

2/27/2006   H Introduced and Referred to H09

2/28/2006   H09 Recommended Do Pass

 

ROLL CALL

Ayes:  Representative(s) Brechtel, Esquibel, Hammons, Harvey, Hinckley, Lockhart, Mercer, Quarberg and Samuelson

Ayes 9    Nays 0    Excused 0    Absent 0    Conflicts 0

 

2/28/2006   H Placed on General File

 

SF0084HW001/ADOPTED  (TO ENGROSSED COPY)

Page 1-line 9           After "37‑5‑101(a)," insert "37‑5‑104(k),".

Page 2-after line 16    Insert:

      "37‑5‑104.  Bonds.

      (k)  The board of the authority may authorize the issuance of bonds for the purpose of purchasing natural gas pipeline capacity as authorized by W.S. 37‑5‑102(e).  Any bonds so issued shall be payable solely from and be secured solely by the pledge of the revenues derived from the subsequent sale, lease or other disposal of the capacity purchased or from bond proceeds.  Bonds issued pursuant to this subsection shall be authorized in all respects as other bonds of the authority are herein required to be authorized.  The board, in authorizing the bonds, shall provide for the security of the bonds, the sources from which the bonds are to be paid and for the rights of the holders thereof.".

Page 3-line 12          Strike "natural gas". QUARBERG, LOCKHART.

 

3/1/2006    H Passed CoW

3/2/2006    H Passed 2nd Reading

3/3/2006    H Passed 3rd Reading

 

ROLL CALL

Ayes:  Representative(s) Alden, Anderson, R., Bagby, Barnard, Berger, Brechtel, Brown, Buchanan, Bucholz, Childers, Cohee, Davison, Diercks, Edwards, Esquibel, Gay, Gilmore, Goggles, Hageman, Hammons, Harshman, Harvey, Hastert, Hinckley, Iekel, Illoway, Jackson, Jones, Jorgensen, Lockhart, Lubnau, Luthi, Martin, McOmie, Mercer, Meuli, Miller, Morgan, Olsen, Osborn, Pedersen, Petersen, Philp, Powers, Quarberg, Reese, Robinson, Semlek, Simpson, Slater, Thompson, Walsh, Warren, Wasserburger, Watt, White and Zwonitzer.

Nays:  Representative(s) Landon and Samuelson.

Excused:  Representative(s) Gingery

Ayes 57    Nays 2    Excused 1    Absent 0    Conflicts 0

 

3/3/2006    S Did Concur

 

ROLL CALL

Ayes:  Senator(s) Anderson, J., Aullman, Barrasso, Boggs, Burns, Coe, Cooper, Decaria, Geis, Hanes, Hawks, Jennings, Job, Johnson, Larson, Massie, Meier, Mockler, Nicholas, Peck, Peterson, Ross, Schiffer, Scott, Sessions, Townsend, Vasey and Von Flatern.

Nays:  Senator(s) Case and Hines.

Ayes 28    Nays 2    Excused 0    Absent 0    Conflicts 0

 

3/3/2006    Assigned Number SEA No. 0006

3/6/2006    S President Signed SEA No. 0006

3/6/2006    H Speaker Signed SEA No. 0006

3/9/2006    Governor Signed SEA No. 0006

3/9/2006    Assigned Chapter Number

 

Chapter No. 0015  Session Laws of Wyoming 2006.