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SF0075 • 2011

Workforce housing infrastructure funds-reversion.

AN ACT relating to economic development; modifying the reporting requirement on the workforce housing infrastructure program; providing for the reversion of unused workforce housing infrastructure funds; and providing for an effective date.

Housing Land
Enacted

This bill passed the Legislature and reached final enactment based on the latest official action.

Sponsor
Minerals
Last action
2011-02-17
Official status
enrolled
Effective date
2/17/2011

Plain English Breakdown

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

Bill History

  1. 2011-02-17 LSO

    Assigned Chapter Number

  2. 2011-02-17 Governor

    Governor Signed SEA0013

  3. 2011-02-14 House

    H Speaker Signed SEA No. 0013

  4. 2011-02-11 Senate

    S President Signed SEA No. 0013

  5. 2011-02-11 LSO

    Assigned Number SEA0013

  6. 2011-02-11 House

    H Passed 3rd Reading

  7. 2011-02-10 House

    H Passed 2nd Reading

  8. 2011-02-09 House

    H Passed CoW

  9. 2011-02-02 House

    H Placed on General File

  10. 2011-02-02 House

    H09 Recommended Do Pass

  11. 2011-01-31 House

    H Introduced and Referred to H09

  12. 2011-01-17 House

    H Received for Introduction

  13. 2011-01-17 Senate

    S Passed 3rd Reading

  14. 2011-01-14 Senate

    S Passed 2nd Reading

  15. 2011-01-13 Senate

    S Passed CoW

  16. 2011-01-12 Senate

    S Placed on General File

  17. 2011-01-12 Senate

    S09 Recommended Do Pass

  18. 2011-01-11 Senate

    S Introduced and Referred to S09

  19. 2011-01-11 Senate

    S Received for Introduction

  20. 2011-01-10 LSO

    Bill Number Assigned

Official Summary Text

Bill No.: <billno> Drafter: <drafterinit>

Bill No.:
SF0075
Drafter:

MRW

LSO No.:
11LSO-0111
Effective Date:

2/17/2011

Enrolled Act No.:
SEA0013

Chapter No.:
23

Prime Sponsor:
Joint Minerals, Business and Economic
Development Interim Committee

Catch Title:
Workforce housing infrastructure funds-reversion.

Subject:
Workforce
housing infrastructure program.

Summary/Major Elements:

●

Current law provides for an
infrastructure program and a revolving loan account. Funds with the account
are not to lapse.

●

This act provides that
interest earned on the account reverts to the general fund on April 1, 2011.
Repayments of loan principal remain in the account.

●

This act amends the
requirement that the Wyoming business council include information on
investments made under the workforce housing infrastructure program in its
report submitted with its budget request to the department of administration
and information, by specifying the report is only required if such investments
were made in the previous fiscal year.

Current Bill Text

Read the full stored bill text 
WORKING DRAFT

ORIGINAL SENATE
FILE

NO.
0075

ENROLLED ACT NO. 13, SENATE

SIXTY-FIRST LEGISLATURE OF THE STATE OF
WYOMING
2011 GENERAL SESSION

AN ACT relating to
economic development; modifying
the
reporting requirement
on the workforce housing infrastructure program
; providing for the reversion of unused workforce housing infrastructure funds;
and providing for an effective date.

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

Section 1.

W.S. 9
‑
12
‑
112(a)(vi)(intro) and 9
‑
12
‑
905(a) are amended to read:

9
‑
12
‑
112.

Annual report and budget.

(a)

The council shall submit an annual report in the manner provided by W.S. 9
‑
2
‑
1014 and using the benchmarks prescribed in this act. In addition to the requirements of W.S. 9
‑
2
‑
1014, included within the annual report shall be:

(v
i
)

A summary of the total investments made
, if any,
by the council under the workforce housing infrastructure program under W.S. 9
‑
12
‑
901 through 9
‑
12
‑
905, including:

9
‑
12
‑
905.

Wyoming
workforce housing infrastructure program account.

(a)

There is created the workforce housing infrastructure program account. Funds shall be credited to the account as provided by law. Funds in the account shall be used only upon legislative appropriation for cooperative agreements and loans authorized to be made under this article.
Except for any repayments of principal on loans, a
ll funds including any earned interest

and

in the account s
hall revert
to the general fund
on April 1, 2011.

Any
repayments of principal on loans under this article remaining in the workforce housing infrastructure program account at the end of a biennium shall not lapse and shall not revert as provided in W.S. 9
‑
4
‑
207 but shall remain in the account to implement the purposes of this section.

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)

Speaker of the House

President of the Senate

Governor

TIME APPROVED: _________

DATE APPROVED: _________

I hereby certify that this act originated in the Senate.

Chief Clerk

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