HB0121S3007.02/ACE

(DIVIDED AMENDMENT)

 

(CORRECTED COPY - 2)

 

[TO ENGROSSED COPY]

 

Page 17-After line 11   Insert and renumber:

 

Section 4. 

 

(a)  Notwithstanding any other provision of law, of earnings from the permanent Wyoming mineral trust fund attributed to the period July 1, 2011 through June 30, 2012, in excess of the amount projected in the consensus revenue estimating group’s January 13, 2012 report:

 

(i)  Fourteen million two hundred thousand dollars ($14,200,000.00) shall be deposited in the highway fund for highway projects; and

 

(ii)  Fifteen million eight hundred thousand dollars ($15,800,000.00) shall be deposited into an account which shall be held by the state treasurer for distribution to the university of Wyoming for construction costs of the engineering building as provided in this paragraph.  The funds shall be available to be matched by qualifying contributions meeting the provisions of W.S. 21-16-1401 through 21-16-1403, including valuation of matching funds.  Funds under this paragraph shall only be available for expenditure as specifically authorized by the legislature.”. 

 

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