Wildlife and natural resource trust-funding.

WORKING DRAFT
2008
STATE OF
WYOMING
08LSO-0341

HOUSE BILL
NO.
HB0124

Wildlife and natural resource trust-funding.

Sponsored by:
Representative(s) Simpson, Cohee, Gingery, Landon, Lubnau and Martin and Senator(s) Massie, Ross, Schiffer and Vasey

A BILL

for

AN ACT relating to
public funds; redirecting certain funds to the Wyoming wildlife and natural resource trust account as specified;
and providing for an effective date.

Be It Enacted by the Legislature of the State of
Wyoming
:

Section 1.
W.S. 9
‑
4
‑
713(b) is amended to read:

9
‑
4
‑
713.

Investment earnings spending policy - permanent funds.

(b)

There is created the permanent
Wyoming
mineral trust fund reserve account.
Except as otherwise provided in this subsection
,
a
s soon as possible after the end of each of the fiscal years beginning on and after July 1, 2000, revenues in this account in excess of seventy-five percent (75%) of the spending policy amount in subsection (d) of this section shall be credited to the permanent Wyoming mineral trust fund.
For the fiscal year ending June 30, 2008, fifty million dollars ($50,000,000.00) in revenues in this account in excess of seventy-five percent (75%) of the spending policy amount in subsection (d) of this section shall first be deposited to the
Wyoming
wildlife and natural resource trust account created by W.S. 9
‑
15
‑
103(a).

Section 2.
This act is effective immediately upon co
m
pletion of all acts necessary for a bill to become law as provided by Article 4, Section 8 of the Wyoming Constit
u
tion.

(END)

1
HB0124