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SF0024 • 2015

Wyoming infrastructure authority amendments.

AN ACT relating to public utilities; removing territorial limits on Wyoming infrastructure authority projects; and providing for an effective date.

Land
Enacted

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

Sponsor
Minerals
Last action
2015-03-12
Official status
enrolled
Effective date
3/9/2015

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.

SF0024HS001

Standing Committee • HMinerals

Adopted

Plain English: Adopted Standing Committee by HMinerals

  • 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.
SF0024SW001

Committee of the Whole • Von Flatern

Corrected, Adopted

Plain English: Corrected, Adopted Committee of the Whole by Von Flatern

  • 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.
SF0024JC001

Conference Committee

S Adopted, H Adopted

Plain English: S Adopted, H Adopted Conference Committee

  • 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. 2015-03-12 LSO

    Assigned Chapter Number

  2. 2015-03-12 Governor

    Governor Signed SEA No. 0086

  3. 2015-03-05 House

    H Speaker Signed SEA No. 0086

  4. 2015-03-05 Senate

    S President Signed SEA No. 0086

  5. 2015-03-05 LSO

    Assigned Number SEA No. 0086

  6. 2015-03-05 House

    H Adopted SF0024JC001: 55-2-3-0-0

  7. 2015-03-05 Senate

    S Adopted SF0024JC001: 27-2-1-0-0

  8. 2015-03-04 House

    H Appointed JCC01 Members

  9. 2015-03-04 Senate

    S Appointed JCC01 Members

  10. 2015-03-04 Senate

    S Concur:Failed 3-26-1-0-0

  11. 2015-03-04 Senate

    S Received for Concurrence

  12. 2015-03-03 House

    H 3rd Reading:Passed 43-16-1-0-0

  13. 2015-03-02 House

    H 2nd Reading:Passed

  14. 2015-02-27 House

    H COW:Passed

  15. 2015-02-27 House

    Amendment Adopted

  16. 2015-02-18 House

    H Placed on General File

  17. 2015-02-18 House

    Appropriations:Recommend Do Pass 7-0-0-0-0

  18. 2015-02-11 House

    H COW:Rerefer to H02 - Appropriations

  19. 2015-02-11 House

    H Placed on General File

  20. 2015-02-11 House

    Minerals:Recommend Amend and Do Pass 5-4-0-0-0

  21. 2015-02-06 House

    H Introduced and Referred to H09 - Minerals

  22. 2015-01-23 House

    H Received for Introduction

  23. 2015-01-21 Senate

    S 3rd Reading:Passed 26-3-1-0-0

  24. 2015-01-20 Senate

    S 2nd Reading:Passed

  25. 2015-01-19 Senate

    S 2nd Reading:Laid Back

  26. 2015-01-16 Senate

    S COW:Passed

  27. 2015-01-16 Senate

    Amendment Adopted

  28. 2015-01-14 Senate

    S COW:Laid Back

  29. 2015-01-14 Senate

    S Placed on General File

  30. 2015-01-14 Senate

    Minerals:Recommend Do Pass 5-0-0-0-0

  31. 2015-01-13 Senate

    S Introduced and Referred to S09 - Minerals

  32. 2015-01-13 Senate

    S Received for Introduction

  33. 2014-12-24 LSO

    Bill Number Assigned

Official Summary Text

Summary for LSO115
Bill No.:
SF0024
Effective
:
3/9/2015

LSO No.:
15LSO-0118

Enrolled Act No.:
SEA 86

Chapter No.:
181

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

Catch Title:
Wyoming infrastructure authority amendments.

Subject:
W
yoming Infrastructure A
uthority
projects and authority
.

Summary/Major Elements:

The Wyoming Infrastructure Authority works to pro
mote the development of Wyoming’
s economy through improvements to the
S
tate
’
s electric and energy transmission infrastructure and to promote the consumption of Wyoming energy. The Authority is authorized to fund projec
ts through its bonding capacity.

Previously, the law required projects funded by the Infrastructure Authority be located, at
least in part, within Wyoming.

This legislation
removes statutory
language limiting the Authority’
s ability to finance projects it does not own
.

This legislation removes the requirement that funded projects be locate
d, at least in part, in Wyoming.
The above summary is not an official publication of the Wyoming Legislature and is not an official statement of legislative intent. While the Legislative Service Office endeavored to provide accurate information in this summary, it should not be relied upon as a comprehensive abstract of the bill.

Current Bill Text

Read the full stored bill text 
ORIGINAL
Senate
File No
.
SF0024

ENROLLED ACT NO. 86,

SENATE

SIXTY-THIRD LEGISLATURE OF THE STATE OF WYOMING
2015
General Session

AN ACT relating to public utilities; removing territorial limits on Wyoming infrastructure authority projects; and providing for an effective date.

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

Section 1
.

W.S. 37
‑
5
‑
305(
a) and 37
‑
5
‑
403(a) are amended to read:

37
‑
5
‑
305
.

Bonds.

(a)

In addition to the powers otherwise herein granted to the authority, in order to accomplish its purposes
,

and finance projects it owns,
it shall have the power to borrow money and evidence the borrowing in the issuance and sale of bonds or other obligations of the authority, the principal and interest of which shall be payable solely out of revenues herein authorized to be dedicated and pledged for the payment.

37
‑
5
‑
403
.

Authority revenue bonds; issuance; amount.

(a)

In order to finance projects not owned by the authority,
T
he authority may issue and have outstanding bonds to finance electric transmission facilities
,

as well as
other facilities and related infrastructure
, which shall be located at least partially within Wyoming

consistent with
the pur
poses provided in W.S. 37
‑
5
‑
303(
a)
, in an amount not to exceed one billion dollars ($1,000,000,000.00
)
. The authority shall have contracts sufficient to justify the issuance of bonds.

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 House

President of the
Senate

Governor

TIME APPROVED: _________

DATE APPROVED: _________

I hereby certify that this act originated in the
Senate
.

Chief Clerk

1