ADOPTED HOUSE AMENDMENTS

 

WEDNESDAY, MARCH 07, 2012

 

HB0025JC01/AA

HB0025JC01/

TO ENGROSSED COPY

 

Adopt the following Senate amendments:

HB0025S2001/AE

HB0025S3001/AE

HB0025SS001/AE

HB0025SW001/AE

 

Delete the following Senate amendments:

HB0025S3002/AE

 

Further amend the ENGROSSED COPY as follows:

 

Page 1-line 2       After "obligations" insert "as specified".

 

Page 6-line 2      After "2012" insert "and before July 1, 2014".

 

Page 7-line 14     Delete "provided in" insert "required by". STUBSON, BROWN, ROSCOE, BEBOUT, PERKINS, SCOTT

 

 

SF0002H3001/AC

 

(CORRECTED COPY)

 

Page 1-line 17                          After "Interim" insert "[3.]"; increase amount by "25,000".

 

Page 2-line 23                          After "[1.]" insert ",[4.]"; increase amount by "15,000".

 

Page 3-after line 16                  Insert:

 

"3.  Of this amount, up to twenty-five thousand dollars ($25,000.00) shall be used to fund the costs of attendance of members of the joint education interim committee at meetings held during the 2012 interim by the select committee on statewide education accountability, as created under 2011 Wyoming Session Laws, Chapter 184, Section 4(b).  Expenses of meeting attendance shall not include payment of salary for preparation or travel days as provided under W.S. 28‑5‑101(e)(iii) and (iv).  This footnote is effective immediately.

 

4.  Of this amount, up to fifteen thousand dollars ($15,000.00) shall be used to purchase a portable sound system for interim committee meetings.  This footnote is effective immediately.".

 

To the extent required by this amendment:  adjust totals; and renumber as necessary.  TEETERS

 

 

SF0040JC01/AA

 

TO ENGROSSED COPY

 

 

Delete the following House amendments:

SF0040HS001/AE

 

Further amend the ENGROSSED COPY as follows:

 

Page 3-line 1                            Delete "one hundred ten thousand".

 

Page 3-line 2                            Delete "dollars ($110,000.00)" insert "one hundred nineteen thousand dollars ($119,000.00)".

 

Page 3-line 4                            Delete "two million four".

 

Page 3-line 5                            Delete "hundred ninety-one thousand dollars ($2,491,000.00)" insert "three million twenty-two thousand dollars ($3,022,000.00)". NICHOLAS P., BEBOUT, PERKINS, NICHOLAS B., TEETERS, THRONE

 

SF0059H3001/AE

 

[TO ENGROSSED COPY]

 

Delete the standing committee amendment (SF0059HS001/AE) entirely.

 

Further amend as follows:

 

Page 1-line 11                          Delete "is" insert "and 9-3-454 are".

 

Page 1-line 14                          After "findings" insert "." and delete balance of the line.

 

Page 1-line 15                          Delete entirely.

Page 11-line 13                        Delete ";" insert ".".

 

Page 11-lines 15 through 24    Delete entirely.

 

Page 12-lines 1 through 8        Delete entirely; insert:

 

"9-3-453.  Required determinations for benefit increases.

 

 (a)  In accordance with the findings specified in W.S. 9-3-452:

 

(i) The board shall not recommend to the governor and the legislature increases in benefits, including but not limited to cost-of-living increases, from a retirement plan's assets until the plan has achieved an actuarial funded ratio of at least one hundred five percent (105%);

 

(ii)  When determining whether to increase benefits, including changes to multipliers and cost-of-living increases, the full cost of the increases should be considered and funded.  At a minimum the analysis should include a decision matrix in which the first step is determining whether the contribution rate is currently sufficient to cover what is actuarially required and whether the actuarial funded ratio is at least one hundred five percent (105%).  If not, there should be no increase.  If so, further analysis should include:

 

Page 13-after line 8                  Insert:

 

"(iii)  "Provided the requirements of paragraphs (i) and (ii) of this subsection are met, the Wyoming retirement board may recommend to the governor and legislature the approval of a cost of living adjustment for any plan administered by the board.

 

(b)  Nothing in this section shall affect the authority of the board to grant a cost of living adjustment as authorized by W.S. 15-5-204.".

 

Page 16-line 21                        Delete "shall" insert "may".

 

Page 16-line 22                        After "session" insert "." and delete balance of the line.

 

Renumber as necessary.  GINGERY

 

 

SF0107H3002/AE

[TO ENGROSSED COPY]

 

Page 1-line 16                          Delete "through" insert ", (c) and".

 

Page 17-lines 14 through 19    Delete entirely. QUARBERG