SF0094 • 2013

Public library endowment challenge program extension.

AN ACT relating to the Wyoming public library endowment challenge program; extending time for gifting to program; and providing for an effective date.

Enacted

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

Sponsor: Senator Schiffer
Last action: 2013-02-20
Official status: enrolled
Effective date: 2/19/2013

Plain English Breakdown

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

Bill History

2013-02-20 LSO
Assigned Chapter Number
2013-02-19 Governor
Governor Signed SEA0030
2013-02-15 House
H Speaker Signed SEA No. 0030
2013-02-14 Senate
S President Signed SEA No. 0030
2013-02-14 LSO
Assigned Number SEA0030
2013-02-14 House
H Passed 3rd Reading
2013-02-13 House
H Passed 2nd Reading
2013-02-12 House
H Passed CoW
2013-02-05 House
H Placed on General File
2013-02-05 House
H07 Recommended Do Pass
2013-01-28 House
H Introduced and Referred to H07
2013-01-22 House
H Received for Introduction
2013-01-22 Senate
S Passed 3rd Reading
2013-01-21 Senate
S Passed 2nd Reading
2013-01-18 Senate
S Passed CoW
2013-01-16 Senate
S Placed on General File
2013-01-16 Senate
S04 Recommended Do Pass
2013-01-10 Senate
S Introduced and Referred to S04
2013-01-10 Senate
S Received for Introduction
2013-01-08 LSO
Bill Number Assigned

Official Summary Text

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

Bill No.:
SF0094
Drafter:

LNS

LSO No.:
13LSO-0448
Effective Date:

Immediate

Enrolled Act No.:
SEA0030

Chapter No.:
CH0070

Prime Sponsor:
Senator Schiffer

Catch Title:
Public library endowment challenge program extension.

Subject:
Extension of endowment challenge program.

Summary/Major
Elements:

The Wyoming
public library endowment challenge program provides matching funds for gifts to
a public library foundation.

This act extends
the time for making gifts to a foundation under the program. The time was
extended from June 30, 2013 to June 30, 2017.

The act also
extends the time for committing to make a gift from June 30, 2013 to June 30,
2017.

Comments:

Popular Name: Wyoming Public Library
Endowment Challenge Program.

Report Required:
On or before October 1, each public library must submit a report from its
foundation to the state treasurer. The report is required through June 30,
2019.

This act amends a
major program.

Gifts or a
commitment to make a gift may be made through June 30, 2017.

Current Bill Text

Read the full stored bill text

WORKING DRAFT

ORIGINAL SENATE
FILE

NO.
0094

ENROLLED ACT NO. 30, SENATE

SIXTY-SECOND LEGISLATURE OF THE STATE OF WYOMING
2013 GENERAL SESSION

AN ACT relating to
the Wyoming public library endowment challenge program; extending time for gifting to program;
and providing for an effective date.

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

Section 1.

W.S. 18
‑
7
‑
202(a)(ii
)(A) and (B
) and 18
‑
7
‑
204(h) are amended to read:

18
‑
7
‑
202.

Definitions.

(a)

As used in this article:

(ii)

"Endowment gift" means an irrevocable gift or transfer to a Wyoming public library foundation of money or other property, whether real, personal, tangible or intangible, and whether or not the donor or transferor retains an interest in the property, where the gift of the foundation's interest in the property is required to be used by the foundation exclusively for endowment purposes, where:

(A)

The gift was received or the transfer occurred during the period July 1, 2008, through June 30,
2013

2017
; or

(B)

A commitment to make the gift or transfer was made in writing to the respective public library foundation, which commitment was received during the period July 1, 2008, through June 30,
2013

2017
, and the gift was received or the transfer occurred not later than December 31,
2014

2018
.

18
‑
7
‑
204.

Endowment challenge fund matching program; matching payments; agreements with foundations; annual reports.

(h)

Each public library shall on or before October 1 of each year, submit a report to the state treasurer from its foundation on the endowment matching program under this section for the preceding fiscal year. The report shall include a summary of funds raised under this program and the expenditure of endowment earnings. The report required under this subsection shall be for each applicable fiscal year through June 30,
2015

2019
.

Section 2.

This act is effective immediately upon completion of all acts necessary for a bill to become law as provided by Article 4, Section 8 of the Wyoming Constitution.

(END)

Speaker of the Hous
e

President of the Senate

Governor

TIME APPROVED: _________

DATE APPROVED: _________

I hereby certify that this act originated in the Senate.

Chief Clerk

1