Distribution of federal mineral roaylties.
In one sentence
Not clearly identified in the stored source.
No additional limitations are listed.
Official record
2007 General Session Summary for HB0278 Bill No.: HB0278 Drafter: DKG LSO No.: 07LSO-0617 Effective Date: 7/1/2007 Enrolled Act No.: HEA0126 Chapter No.: CHVETO Prime Sponsor: Representative Harshman Catch Title: School capital construction reserve account. Subject: Distribution of specified federal mineral royalties. Summary/Major Elements: This act redistributed federal mineral royalties from the school foundation program account to the common school account within the permanent land fund. The diversion would not occur until the Hathaway and excellence in higher education endowments were funded as provided in current law and would not occur unless there was a balance of $100 million in the school foundation program account at the end of the pertinent fiscal year. Comments: The governor vetoed this act. The veto message stated in part that the funds would be unavailable for school funding needs in the future, including school capital construction. The message also stated that the same movement of funds is accomplished by the budget bill for the current biennium.
Public statements
Last checked Aug 9, 1:25 AM
Why they voted this way
The speaker urges an aye vote because the committee adopted budget staff recommendations to ensure federal mineral royalties are correctly directed from the Hathaway account into the Common School Permanent Land Fund once the former is depleted.
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Wyoming roll calls
10 roll calls
Official activity
Changes
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Adopted Committee of the Whole by NICHOLAS