S.F. No. 0027

Endowment challenge program-fees.

 

Sponsored By:        Joint Judiciary Interim Committee

 

AN ACT relating to the University of Wyoming endowment challenge program; specifying limits on expenditures for costs of administration; and providing for an effective date.

 

12/18/2013  Bill Number Assigned

2/10/2014   S Received for Introduction

2/11/2014   S Introduced and Referred to S01

 

ROLL CALL

Ayes:  Senator(s) Anderson, JD S02, Anderson, JL S28, Barnard, Bebout, Burns, Case, Christensen, Coe, Cooper, Craft, Dockstader, Driskill, Emerich, Esquibel, F., Geis, Hastert, Hicks, Hines, Johnson, Landen, Meier, Nicholas, P., Nutting, Peterson, Ross, Rothfuss, Schiffer, Scott and Von Flatern

Nays:  Senator(s) Perkins

Ayes 29    Nays 1    Excused 0    Absent 0    Conflicts 0

 

2/12/2014   S01 Recommended Amend and Do Pass

 

ROLL CALL

Ayes:  Senator(s) Burns, Christensen, Esquibel, F. and Schiffer

Nays:  Senator(s) Hicks

Ayes 4    Nays 1    Excused 0    Absent 0    Conflicts 0

 

2/12/2014   S Placed on General File

 

SF0027SS001/ADOPTED

Page 2-lines 14 through 17    Delete.

Page 2-line 18          Delete "limitation" insert: "Reasonable costs of administration shall not exceed an annual rate of one percent (1%) of the fair value of each state matching fund account held by the foundation that is associated with a substantial endowment gift received by the foundation under W.S. 21‑16‑902(a)(iii). The costs of administration shall be assessed quarterly at one-fourth (1/4) the annual rate as specified in this subsection or as otherwise specified by law. The fair value of each state matching fund account held by the foundation shall be determined by the foundation as of the last day of the preceding quarter. Any modification of costs of administration allowed".  SCHIFFER, CHAIRMAN

 

2/12/2014   S Passed COW

 

SF0027S2001/FAILED

Page 2-line 18          In the Senate Standing Committee Amendment (SF0027SS001/A) to this line delete "Any modification of costs of administration allowed".

Page 2-lines 18         Delete "shall be affected through a footnote to the".

Page 2-lines 19 through 21    Delete.  HICKS

 

SF0027S2002.01/ADOPTED  (CORRECTED COPY)

Page 2-line 21          After "bill" insert ". Upon the modification of any costs of administration to an amount above one percent (1%), the University of Wyoming foundation shall submit to the joint appropriations interim committee a detailed financial accounting of all costs of administration incurred during the fiscal year".  HICKS

 

SF0027S2002.02/FAILED   (CORRECTED COPY)

Page 2-line 18          Before "shall" and after the Senate Standing Committee Amendment (SF0027SS001/A) to this line insert ", which shall not exceed an additional one-quarter percent (1/4%),".  HICKS

 

2/13/2014   S Passed 2nd Reading

2/14/2014   S Passed 3rd Reading

 

ROLL CALL

Ayes:  Senator(s) Anderson, JL S28, Barnard, Bebout, Burns, Christensen, Coe, Cooper, Craft, Dockstader, Driskill, Emerich, Esquibel, F., Geis, Hastert, Hicks, Hines, Johnson, Meier, Nicholas, P., Nutting, Ross, Rothfuss, Schiffer, Scott and Von Flatern

Nays:  Senator(s) Anderson, JD S02, Case, Landen, Perkins and Peterson

Ayes 25    Nays 5    Excused 0    Absent 0    Conflicts 0

 

2/18/2014   H Received for Introduction

2/19/2014   H Introduced and Referred to H01

2/20/2014   H01 Recommended Do Pass

 

ROLL CALL

Ayes:  Representative(s) Baker, Connolly, Gingery, Halverson, Kroeker, Krone, Miller, Walters and Watt

Ayes 9    Nays 0    Excused 0    Absent 0    Conflicts 0

 

2/20/2014   H Placed on General File

2/24/2014   H Passed COW

2/25/2014   H Passed 2nd Reading

2/26/2014   H Passed 3rd Reading

 

ROLL CALL

Ayes:  Representative(s) Baker, Barlow, Berger, Blake, Blevins, Blikre, Brown, Burkhart, Byrd, Campbell, Cannady, Coleman, Connolly, Davison, Eklund, Esquibel, K., Filer, Freeman, Gay, Gingery, Goggles, Greear, Greene, Halverson, Harvey, Hunt, Hutchings, Jaggi, Kasperik, Kirkbride, Kroeker, Krone, Larsen, Lockhart, Loucks, Lubnau, Madden, Mader, McKim, Miller, Moniz, Nicholas, B., Northrup, Patton, Paxton, Petroff, Piiparinen, Reeder, Semlek, Sommers, Stubson, Teeters, Throne, Walters, Watt, Wilson, Winters, Zwonitzer, Dn. and Zwonitzer, Dv.

Excused:  Representative(s) Harshman

Ayes 59    Nays 0    Excused 1    Absent 0    Conflicts 0

 

2/26/2014   Assigned Number SEA No. 0004

2/26/2014   S President Signed SEA No. 0004

2/27/2014   H Speaker Signed SEA No. 0004

3/3/2014    Governor Signed SEA No. 0004

3/6/2014    Assigned Chapter Number

 

Chapter No. 0004  Session Laws of Wyoming 2014