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S.F. No. 0089 |
Fallen heroes endowments. |
Sponsored By: Senator(s) Landen
AN ACT relating to higher education; providing for a matching program for fallen heroes endowments as specified; and providing for an effective date.
1/12/2009 Bill Number Assigned
1/14/2009 S Received for Introduction
1/15/2009 S Introduced and Referred to S04
1/20/2009 S04 Recommended Do Pass
ROLL CALL
Ayes: Senator(s) Coe, Decaria and Jennings
Nays: Senator(s) Massie and Von Flatern
Ayes 3 Nays 2 Excused 0 Absent 0 Conflicts 0
1/20/2009 S Placed on General File
1/20/2009 S Rereferred to S02
1/28/2009 S02 Recommended Amend and Do Pass
ROLL CALL
Ayes: Senator(s) Massie, Nicholas, Peterson and Townsend
Nays: Senator(s) Meier
Ayes 4 Nays 1 Excused 0 Absent 0 Conflicts 0
1/28/2009 S Placed on General File
SF0089SS001/ADOOPTED
Page 1-line 2 Delete "providing".
Page 1-line 3 Delete "an appropriation;".
Page 1-line 12 After "are" delete balance of the line and insert "appropriated by the legislature for the purpose of funding the matching fund program established under this section,".
Page 1-line 13 Delete through "act,".
Page 3-lines 1 through 12 Delete and renumber.
Page 3-line 14 Delete "3" insert "2".
Page 4-line 1 Delete "4" insert "3". NICHOLAS, CHAIRMAN
SF0089SW001/ADOPTED
Page 1-Before line 1 In the catch title delete "scholarships" insert "endowments".
Page 1-line 2 Delete "scholarships" insert "fallen heroes endowments".
Page 1-lines 7 through 17 Delete including the Senate Standing Committee Amendment (SF0089SS001/A) to these lines and insert:
"Section 1. W.S. 21‑16‑902(a)(iii)(B), 21‑16‑904(a)(ii) and by creating a new paragraph (ix) and 21‑16‑1104(a), (d) and by creating a new subsection (k) are amended to read:
21‑16‑902. Definitions.
(a) As used in this article:
(iii) "Substantial endowment gift" means an irrevocable gift or transfer to the University of Wyoming foundation of money or other property by a donor where:
(B) Except as provided by W.S. 21‑16‑904(a)(ix) for fallen heroes endowments, the gift or property transferred has a fair market value of at least fifty thousand dollars ($50,000.00); and
21‑16‑904. Endowment challenge fund matching fund program; matching payments; agreements with university foundation; annual reports; reversions of appropriations.
(a) The state treasurer shall administer the matching fund program established under this section. The following shall apply to the program:
(ii) The state treasurer shall make transfers to the university under this section not later than the end of the calendar quarter following the quarter during which the gift is received. Where a gift is made through a series of payments or transfers, except as provided in paragraph (ix) of this subsection, no matching funds shall be transferred by the state treasurer until the total value of all payments or transfers actually received toward the gift totals at least fifty thousand dollars ($50,000.00). Thereafter, matching funds shall be transferred as payments or transfers toward that gift are received by the foundation;
(ix) To the extent funds are available in the challenge account, the state treasurer shall distribute matching funds not to exceed five thousand dollars ($5,000.00) for each fallen heroes endowment as follows:
(A) Two thousand dollars ($2,000.00) for the first one thousand dollars ($1,000.00) actually received in a fallen heroes endowment; and
(B) Three thousand dollars ($3,000.00) for an additional one thousand dollars ($1,000.00) received in a fallen heroes endowment, excluding any funds deposited in a fallen heroes endowment pursuant to this paragraph.
21‑16‑1104. Endowment challenge fund matching program; matching payments; agreements with foundations; annual reports.
(a) To the extent funds are available in the separate account of any community college within the endowment challenge fund, the state treasurer shall match endowment gifts actually received by that community college's foundation. Except as provided in subsection (k) of this section, a match shall be paid under this subsection by the state treasurer at the time any accumulated amounts actually received by a community college foundation total ten thousand dollars ($10,000.00) or more. The match shall be made by transferring from the separate challenge fund account to the appropriate community college an amount equal to the amount accumulated by its foundation. The recipient community college shall immediately transfer matching funds received under this subsection to the community college foundation.
(d) Except as provided in subsection (k) of this section, the state treasurer shall make transfers to the appropriate community college under this section not later than the end of the calendar quarter following the quarter during which foundation gifts total at least ten thousand dollars ($10,000.00). Except as provided in subsection (k) of this section, if gifts are made through a series of payments or transfers, no matching funds shall be transferred under this section until the total value of all payments or transfers actually received totals at least ten thousand dollars ($10,000.00).
(k) To the extent funds are available in the separate account of any community college within the endowment challenge fund, the state treasurer shall distribute matching funds not to exceed five thousand dollars ($5,000.00) for each fallen heroes endowment as follows:
(i) Two thousand dollars ($2,000.00) for the first one thousand dollars ($1,000.00) actually received in a fallen heroes endowment; and
(ii) Three thousand dollars ($3,000.00) for an additional one thousand dollars ($1,000.00) actually received in a fallen heroes endowment, excluding any funds deposited in a fallen heroes endowment pursuant to this paragraph.".
Page 2-lines 1 through 23 Delete.
Page 3-line 16 Delete "scholarship" insert "endowments".
Page 3-line 19 Delete "scholarship" insert "endowment". LANDEN, MEIER, NICHOLAS
2/5/2009 S Passed CoW
2/6/2009 S Passed 2nd Reading
2/9/2009 S Passed 3rd Reading
ROLL CALL
Ayes: Senator(s) Anderson, J., Bebout, Burns, Case, Coe, Cooper, Decaria, Dockstader, Esquibel, F., Geis, Hastert, Hines, Hunnicutt, Jennings, Johnson, Landen, Larson, Martin, Massie, Meier, Nicholas, Peterson, Ross, Schiffer, Scott, Sessions, Vasey and Von Flatern
Nays: Senator(s) Perkins
Excused: Senator(s) Townsend
Ayes 28 Nays 1 Excused 1 Absent 0 Conflicts 0
2/10/2009 H Received for Introduction
2/12/2009 H Introduced and Referred to H04
2/20/2009 H04 Recommended Amend and Do Pass
ROLL CALL
Ayes: Representative(s) Connolly, Craft, Diercks, Jaggi, Lubnau, McKim, McOmie and Teeters
Absent: Representative(s) Brechtel
Ayes 8 Nays 0 Excused 0 Absent 1 Conflicts 0
2/20/2009 H Placed on General File
SF0089HS001/ADOPTED (TO ENGROSSED COPY)
Page 6-line 6 Delete entirely and insert:
"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.". MCOMIE, CHAIRMAN
2/27/2009 H Passed CoW
3/2/2009 H Passed 2nd Reading
3/3/2009 H Passed 3rd Reading
ROLL CALL
Ayes: Representative(s) Anderson, R., Bagby, Barbuto, Berger, Blake, Bonner, Brechtel, Brown, Buchanan, Byrd, Cannady, Carson, Childers, Cohee, Connolly, Craft, Davison, Diercks, Edmonds, Esquibel, K., Gilmore, Gingery, Goggles, Hales, Hallinan, Hammons, Harshman, Harvey, Illoway, Jaggi, Jorgensen, Landon, Lockhart, Lubnau, Madden, McKim, McOmie, Mercer, Meyer, Miller, Millin, Moniz, Patton, Peasley, Pedersen, Petersen, Philp, Quarberg, Roscoe, Semlek, Shepperson, Simpson, Steward, Stubson, Teeters, Thompson, Throne, Wallis, Zwonitzer, Dn. and Zwonitzer, Dv.
Ayes 60 Nays 0 Excused 0 Absent 0 Conflicts 0
3/3/2009 S Received for Concurrence
3/3/2009 S Did Concur
ROLL CALL
Ayes: Senator(s) Anderson, J., Bebout, Burns, Case, Coe, Cooper, Decaria, Dockstader, Esquibel, F., Geis, Hastert, Hines, Hunnicutt, Jennings, Johnson, Landen, Larson, Martin, Massie, Meier, Nicholas, Perkins, Peterson, Ross, Schiffer, Scott, Sessions, Townsend, Vasey and Von Flatern
Ayes 30 Nays 0 Excused 0 Absent 0 Conflicts 0
3/3/2009 Assigned Number SEA No. 0079
3/4/2009 S President Signed SEA No. 0079
3/4/2009 H Speaker Signed SEA No. 0079
3/13/2009 Governor Signed SEA No. 0079
3/13/2009 Assigned Chapter Number
Chapter No. 0209 Session Laws of Wyoming 2009.