SF0097S3002

 

In the Nicholas Second Reading Amendment (SF0097S2001/A), amend as follows:

 

Page 3-lines 17 through 23   Delete and insert and renumber:

 

     "(c)  Loans and loan guaranties provided under this act shall be subject to the following procedures:

 

          (i)  Any project shall first be submitted to and reviewed by the governor who may provide preliminary recommendations for the size and parameters of the proposed loan;

 

          (ii)  The project shall then be submitted to and reviewed by the state treasurer who may provide preliminary recommendations for the structure of the proposed loan or loan guaranty;

 

          (iii)  The project shall then be submitted for review to the Wyoming business council under the process set forth in W.S. 9-12-601 through 9-12-603;

 

          (iv)  The Wyoming business council's recommendations shall be forwarded to the state loan and investment board for final approval of the loan or loan guaranty;

 

          (v)  Any approved loan or loan guaranty shall thereafter be submitted to the governor for final approval following his determination that the loan has met the requirements of this act, and the state treasurer's final approval as to the structure of the loan or loan guaranty.". 

 

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