H.B. No. 0151

Hydro-power development.

 

Sponsored By:     Representative(s) Semlek, Blake, Quarberg and Roscoe and Senator(s) Cooper, Driskill, Geis, Hines, Martin and Meier

 

AN ACT relating to the state loan and investment board; authorizing loans for hydro-power development to municipalities, irrigation districts and special districts as specified; providing for rulemaking; specifying terms and procedures; conforming existing loan program provisions accordingly; and providing for an effective date.

 

1/14/2011      Bill Number Assigned

1/17/2011      H Received for Introduction

1/18/2011      H Introduced and Referred to H05

2/1/2011       H05 Recommended Amend and Do Pass

 

ROLL CALL

Ayes:  Representative(s) Blake, Campbell, Davison, Eklund, Hunt, Loucks, Moniz, Semlek and Zwonitzer, Dn.

Ayes 9    Nays 0    Excused 0    Absent 0    Conflicts 0

 

2/1/2011       H Placed on General File

 

HB0151HS001/ADOPTED

Page 1-line 4           After "procedures;" insert "conforming existing loan program provisions accordingly;".

Page 2-After line 18    Insert:

"Section 2.  W.S. 11—34‑101(a)(iv) and 11‑34‑202(e) are amended to read:

11‑34‑101.  Definitions.

(a)  As used in this act:

(iv)  "This act" means W.S. 11‑34‑101 through 11‑34‑305 11‑34‑306.

11-34-202.  Revenue to be credited to an account; use thereof; disposition of excess.

(e)  Revenue and proceeds received by the board for deposit in the loss reserve account pursuant to W.S. 11‑34‑118, 11‑34‑120(h), 11‑34‑121, 11‑34‑123(a), and 11‑34‑302(e) and 11‑34‑306 shall be transmitted to the state treasurer for deposit to the credit of the loss reserve account. These funds shall be used for the purposes specified in subsection (f) of this section and W.S. 11‑34‑126 and to pay the administrative and legal expenses of the board in making collections and foreclosing mortgages.  If at the end of any fiscal year the amount accumulated in the loss reserve account exceeds five percent (5%) of the total amount of permanent funds of the state invested in farm and irrigation loans, the amount in excess of the five percent (5%) shall be transferred and credited to the general fund.".

Page 2-line 20          Delete "Section 2" insert "Section 3".  SEMLEK, CHAIRMAN

HB0151HW001/ADOPTED

Page 2-After line 18    Before the standing committee amendment (HB0151HS001/A) to this line insert:

"(e)  The board shall require such security for each loan issued under this act as it deems adequate to secure the loan.".  SEMLEK

 

2/3/2011       H Passed CoW

 

HB0151H2001/ADOPTED

Page 1-line 4           After "specified;" insert "providing for rulemaking;".

Page 2-line 1           After "development" insert "as provided by rule and regulation".  SEMLEK

 

2/4/2011       H Passed 2nd Reading

2/7/2011       H Passed 3rd Reading

 

ROLL CALL

Ayes:  Representative(s) Barbuto, Berger, Blake, Blikre, Bonner, Botten, Brechtel, Brown, Buchanan, Burkhart, Byrd, Campbell, Cannady, Childers, Connolly, Craft, Davison, Edmonds, Eklund, Esquibel, K., Freeman, Gay, Gingery, Goggles, Greear, Greene, Harshman, Harvey, Hunt, Illoway, Jaggi, Kasperik, Kroeker, Krone, Lockhart, Loucks, Lubnau, Madden, McKim, McOmie, Miller, Moniz, Nicholas, B., Patton, Peasley, Pederson, Petersen, Petroff, Quarberg, Roscoe, Semlek, Steward, Stubson, Teeters, Throne, Vranish, Wallis, Zwonitzer, Dn. and Zwonitzer, Dv.

Excused:  Representative(s) Shepperson

Ayes 59    Nays 0    Excused 1    Absent 0    Conflicts 0

 

2/8/2011       S Received for Introduction

2/8/2011       S Introduced and Referred to S05

2/11/2011      S05 Recommended Do Pass

 

ROLL CALL

Ayes:  Senator(s) Bebout, Driskill, Emerich, Geis and Hicks

Ayes 5    Nays 0    Excused 0    Absent 0    Conflicts 0

 

2/11/2011      S Placed on General File

2/22/2011      S Passed CoW

2/23/2011      S Passed 2nd Reading

2/24/2011      S Passed 3rd Reading

 

ROLL CALL

Ayes:  Senator(s) Anderson, Barnard, Bebout, Christensen, Coe, Cooper, Dockstader, Driskill, Emerich, Esquibel, F., Geis, Hastert, Hicks, Hines, Jennings, Johnson, Landen, Martin, Meier, Nicholas, P., Nutting, Perkins, Peterson, Ross, Scott and Von Flatern

Nays:  Senator(s) Burns, Case, Rothfuss and Schiffer

Ayes 26    Nays 4    Excused 0    Absent 0    Conflicts 0

 

2/24/2011      Assigned Number HEA No. 0053

2/24/2011      H Speaker Signed HEA No. 0053

2/24/2011      S President Signed HEA No. 0053

3/2/2011       Governor Signed HEA No. 0053

3/2/2011       Assigned Chapter Number

 

Chapter No. 0109  Session Laws of Wyoming 2011