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HJ0009 • 2007

Distribution of excess funds.

A JOINT RESOLUTION proposing to amend the Wyoming Constitution to authorize the legislature to provide funding to individuals and business entities for the economic benefit of the state.

Inactive

Wyoming marks this bill as inactive, which usually means it is no longer moving in the current session.

Sponsor
Representative Zwonitzer, Dan
Last action
2007-02-27
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.

Bill History

  1. 2007-02-27 House

    H Committee Returned Bill Pursuant to HR 4-3(b)

  2. 2007-02-27 House

    H03 Recommended Do Not Pass

  3. 2007-01-25 House

    H Introduced and Referred to H03; No Report Prior to CoW Cutoff

  4. 2007-01-24 House

    H Received for Introduction

  5. 2007-01-23 LSO

    Bill Number Assigned

Current Bill Text

Read the full stored bill text 
WORKING DRAFT
2007
STATE OF
WYOMING
07LSO-0161

HOUSE JOINT RESOLUTION
NO.
HJ0009

Distribution of excess funds.

Sponsored by:
Representative(s) Zwonitzer, Dn.

A BILL

for

A JOINT RESOLUTION proposing to amend the Wyoming Constitution to authorize the legislature to
provide funding to individuals and business entities for the economic benefit of the state
.

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 amend Wyoming Constitution, Article 16, Section 6 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 6
.

Loan of credit; donations prohibited; works of internal improvement; distribution to citizens.

Neither the state nor any county, city, township, town, school district, or any other political subdivision, shall loan or give its credit
or make donations
to or in aid of any individual, association or corporation, except for necessary support of the poor, nor subscribe to or become the owner of the capital stock of any association or corporation, except that funds of public employee retirement systems and the permanent funds of the state of Wyoming may be invested in such stock under conditions the legislature prescribes. The state shall not engage in any work of internal improvement unless authorized by a two-thirds (2/3) vote of the people.

Neither t
he prohibition within this section
on donations to individuals, associations or corporations
, nor the provisions of Article 3, Section 36,

shall be construed so as to limit the state from providing funding directly
or indirectly
to
individual
s
, associations or corporations, so long as the legislature determines the funding is
for the
direct or indirect
overall
economic
benefit of the state
.

Section 2.
The following statement shall be endorsed on the foregoing proposed amendment by the Secretary of State:

The adoption of the proposed amendment will authorize the legislature to
provide funding directly or indirectly to individuals or business entities so long as the legislature determines that doing so will provide an overall economic benefit to the state
.

(END)

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HJ0009