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HJ0001 • 2005

State special reserve accounts.

A JOINT RESOLUTION relating to public funds; providing for the establishment of state special reserve accounts.

Did Not Pass

The latest official action shows that this bill did not move forward in that session.

Sponsor
Representative Illoway
Last action
2005-03-03
Official status
inactive
Effective date
Not listed

Plain English Breakdown

The plain English breakdown is still being put together. The official documents below are already here.

Amendments

These notes stay tied to the official amendment files and metadata from the legislature.

HJ0001H2001

2nd reading • ILLOWAY

Adopted

Plain English: Adopted 2nd reading by ILLOWAY

  • This amendment summary is using official source text because generated interpretation was skipped for this run.
  • The official amendment text was available, but an easy plain-English summary could not be produced automatically during the last sync.
HJ0001H3001

3rd reading • MCOMIE

Withdrawn

Plain English: Withdrawn 3rd reading by MCOMIE

  • This amendment summary is using official source text because generated interpretation was skipped for this run.
  • The official amendment text was available, but an easy plain-English summary could not be produced automatically during the last sync.
HJ0001HS001

Standing Committee • H02

Adopted, Corrected

Plain English: Adopted, Corrected Standing Committee by H02

  • This amendment summary is using official source text because generated interpretation was skipped for this run.
  • The official amendment text was available, but an easy plain-English summary could not be produced automatically during the last sync.

Bill History

  1. 2005-03-03 Wyoming Legislature

    Died In Committee

  2. 2005-02-22 Senate

    S Introduced and Referred to S12

  3. 2005-02-04 Senate

    S Received for Introduction

  4. 2005-02-03 House

    H Passed 3rd Reading

  5. 2005-02-02 House

    H Laid Back Pursuant to HR 9-3

  6. 2005-02-01 House

    H Passed 2nd Reading

  7. 2005-02-01 House

    Amendment Adopted

  8. 2005-01-31 House

    H Passed CoW

  9. 2005-01-31 House

    Amendment Adopted

  10. 2005-01-31 House

    H Amendments Adopted

  11. 2005-01-28 House

    H Placed on General File

  12. 2005-01-28 House

    H02 Recommended Amend and Do Pass

  13. 2005-01-13 House

    H Introduced and Referred to H02

  14. 2005-01-11 House

    H Received for Introduction

  15. 2004-12-13 LSO

    Bill Number Assigned

Current Bill Text

Read the full stored bill text 
WORKING DRAFT
2005
STATE OF WYOMING
05LSO-0192.E1

HOUSE JOINT RESOLUTION
NO.
HJ0001

State legislative reserve accounts.

Sponsored by:
Representative(s) Illoway, Edwards, Hinckley, Latta, Lockhart, Martin, McOmie, Petersen, Reese and Walsh and Senator(s) Hanes, Hines, Massie, Nicholas and Schiffer

A BILL

for

A JOINT RESOLUTION proposing to amend the Wyoming Constitution; relating to public funds; providing for the establishment of state legislative reserve accounts.

BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF WYOMING,
two-thirds of all the members of the two houses, voting separately, concurring therein:

Section 1.
The following proposal to create Wyoming Constitution, Article 16, Section 13 is proposed for submission to the electors of the State of Wyoming at the next general election for approval or rejection to become valid as a part of the Constitution if ratified by a majority of the electors at the election:

Article 16, Section 13.

State legislative reserve accounts.

(a)

The legislature, may by law establish accounts into which may be deposited any funds of the state not otherwise restricted by this constitution and may require by the same law a two-thirds (2/3) vote of all the members of each of the two (2) houses voting separately, to appropriate monies from such accounts. Any law establishing any account pursuant to this section shall reference this section and once established no such account shall be abolished except upon two-thirds (2/3) vote as provided in this section nor shall any funds deposited within any such account be appropriated except upon such two-thirds (2/3) vote.

(b)

The monies in any account established pursuant to this section shall be invested as prescribed by the legislature and all income from investments shall remain in the account.

(c)

If the cumulative total of monies within all accounts established pursuant to this section shall exceed ten percent (10%) of the assessed value of the taxable property in the state as shown by the last preceding general assessment for taxation, no further funds shall be deposited to any such account until such time as the cumulative total does not exceed that limitation.

(d)

For purposes of Article 16, Section 6, funds within any account established under this section shall be considered permanent funds of the state.

Section 2.
That the Secretary of State shall endorse the following statement on the proposed amendment:

The adoption of this amendment would authorize the legislature to establish one or more accounts from which appropriations could only be made by a two-thirds vote of the legislature. Funds within all the accounts established under this provision could not exceed ten percent (10%) of the assessed value of taxable property in the state.

(END)

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HJ0001