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Nuclear and hybrid energy system related projects. |
12LSO-0049.C2 |
FISCAL NOTE
This bill contains an appropriation of $250,000 from the GENERAL FUND to the Wyoming Business Council. This appropriation is effective immediately.
DETAIL OF APPROPRIATION
Agency #: 085 Agency Name: Wyoming Business Council
Unit: 0101 - Business Council
EXPENDITURE BY SERIES AND YEAR FY 2012 FY 2013 FY 2014
0900 Contractual Services Costs $250,000
Total Expenditure Per Year: $250,000
Grand Total Expenditure: $250,000
Total Appropriated to Agency: $250,000
Total Appropriated by Fund
GENERAL FUND : $250,000
Description of Appropriation:
Funds appropriated will be used to contract with Idaho National Laboratory (INL) to conduct feasibility study/investigations in order to prepare the report specified in the legislation. INL shall subcontract with UW and may subcontract with other outside entities as part of the feasibility study/investigations.
This legislation provides up to $50,000 of the $250,000 General Fund appropriation to be used by the University of Wyoming College of Business, College of Engineering and Applied Science, or the School of Energy Resources, in support of the report specified in the act. If the Business Council and Idaho National Lab engaged UW, the University would envision approximately $40,000 in personnel costs (100 series) during FY13. Those funds would support summer salary of faculty, part-time post doc salary, a graduate student stipend or some combination thereof. Further, UW anticipates $10,000 in support costs (200 series) – primarily travel.
If this legislation is adopted, UW assumes this initiative would commence in the spring of 2012 but UW estimates the expenditures would occur entirely in FY2013.
Prepared by: Matthew Sackett, LSO Phone: 777-7881
(Information provided by Don Richards, University of Wyoming: Phone 766-2238
and Diane Joyce, Wyoming Business Council; Phone: 777-2848)