Advanced conversion technologies study. |
12LSO-0054.C2 |
FISCAL NOTE
This bill contains an appropriation of $10,000,000 from the GENERAL FUND to the University of Wyoming.
DETAIL OF APPROPRIATION
Agency #: 067 Agency Name: University of Wyoming
Unit: 6712 - School of Energy Resources
EXPENDITURE BY SERIES AND YEAR FY 2012 FY 2013 FY 2014
0600 Grant & Aid Payments $1,000,000 $3,000,000
Total Expenditure Per Year: $1,000,000 $3,000,000
Grand Total Expenditure: $4,000,000
Total Appropriated to Agency: $10,000,000
Total Appropriated by Fund
GENERAL FUND : $10,000,000
Description of Appropriation:
The General Funds appropriated to the account created by W.S. 39-14-802 would be expended to fund one or more engineering and design studies to determine the feasibility of constructing and operating a commercial scale facility which converts minerals to liquid fuels. The funds would be expended in the form of a matching grant to the successful applicant(s).
Assumptions:
Allowing some time for a competitive request for proposals and selection process, UW anticipates that $1 million will be expended in the first year and has averaged the remaining $9 million equally over the balance of the allowable expenditure, or $3 million per year for three years.
NOTICE-AGENCY ESTIMATE OF ADMINISTRATIVE IMPACT REQUESTED
This bill has administrative impact that appears to increase duties or responsibilities of one or more state agencies and may impact agency spending or staffing requirements. As introduced, the bill does not modify any state agency budget or current personnel authorizations. The following state agencies will be asked to provide their estimate of the administrative fiscal impact prior to the first committee meeting held to consider the bill:
University of Wyoming |
Prepared by: Matthew Sackett, LSO Phone: 777-7881
(Information provided by Don Richards, University of Wyoming; Phone: 766-2238)