State funded capital construction.

2017
STATE OF WYOMING
17LSO-0654
ENGROSSED
2.1

SENATE FILE

NO.

SF0166

State funded capital construction.

Sponsored by:
Senator(s) Landen, Bebout and Von Flatern

A BILL

for

AN ACT relating to state funded facilities; creating the state penitentiary account as specified; reprioritizing and providing appropriations for the capitol building restoration and renovation project and the department of health facilities projects account; reprioritizing and reducing appropriations for the University of Wyoming science initiative; and providing for an effective date.

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

Section 1.

W.S. 9
‑
4
‑
224 is created to read:

9
‑
4
‑
224.

State penitentiary construction account created; purpose
s
.

The state penitentiary construction account is created. Funds within the account shall only be expended upon legislative
appropriation
. All funds with
in
the account shall be invested by the state treasurer and all investment earnings from the account shall be credited to the general fund.

Section
2
.

2016 Wyoming
S
ession
L
aws
,

C
hapter 97
,
S
ection
s
7
through 9

are
amended to read:

[CONDITIONAL APPROPRIATIONS FROM INVESTMENT EARNINGS

DERIVED

IN FISCAL YEAR 2017]

Section
7
.

The following sums of money are appropriated for the capital construction projects specified from revenues credited to the strategic investments and projects account under W.S. 9
‑
4
‑
719(
q) attributable to earnings from the fiscal year beginning July 1, 2016 and ending June 30, 2017. Appropriations for these projects remain in effect until the project is completed. Any unexpended, unobligated appropriations remaining in a capital construction project
budget upon completion of the project shall be deposited into the capitol building rehabilitation and restoration account created by W.S. 9
‑
5
‑
109(
j). To the extent funds are
available,
the appropriations shall be made available as soon as practicable on or after June 30, 2017, but not later than ninety (90) days after the end of the 2017 fiscal year. The amounts appropriated in this section are intended to provide a maximum amount for each project and shall not be construed to be an entitlement or guaranteed amount. In the event there are insufficient funds to accomplish the purposes of all appropriations in this section
from earnings deposited to the
strategic investment and projects account
in fiscal year 2017
the state treasurer and the state auditor may utilize interfund loans
from the legislative stabilization reserve account as authorized in section 9 of this act. If there are insufficient funds in the
strategic investment and projects account
and the legislative stabilization reserve account to accomplish the purposes of all
appropriations in this section,
appropriations shall be made in priority order, with the total appropriation funded for each priority before funding the next priority as specified:

Priority

Agency

Description

Amount
($)
I.

006 State
facilities construction account
2.

20,000,000

32,000,000
II.

006 Ludden
Library
6.

2,500,000
III.

067 University
science initiative
3
.

24,400,000

006

Capitol
bldg. rehabilitation and restoration account
1.

12,400,000
IV.

006 State
facilities – Casper
4.

1
2
,000,000

V
.

006 Capitol
bldg. rehabilitation and restoration account
1.

20,000,000

V
I
.

045

Mineral
impacted roads
5.

To be determined.

1.

Funds from this appropriation shall be deposited in the capitol building rehabilitation and restoration account created by W.S. 9
‑
5
‑
109(
j).

2.

Funds from this appropriation shall be deposited in the state facilities construction account.

3.

The state treasurer shall deposit this appropriation in the University of Wyoming science initiative account.

4.

This appropriation shall be deposited in the Casper state facilities account.

5.

To the extent highway funds are deposited to the mineral impacted road account pursuant to section 13 of this act, that amount is appropriated for deposit to th
e highway fund. Funds deposited to the highway fund under this section shall not be subject to any reversion or lapse.

6
.

As a condition of this appropriation, the applicable college must expend the entire appropriation of other funds prior to the release of any funds from the strategic investments and project account appropriated for purposes of the authorized capital construction project.

[CONDITIONAL APPROPRIATIONS FROM INVESTMENT EARNINGS DERIVED

IN FISCAL YEAR 2018]

Section
8
.

The following sums of money are appropriated for the capital construction projects specified from revenues credited to the strategic investments and projects account under W.S. 9
‑
4
‑
719(
q) attributable to earnings from the fiscal year beginning July 1, 2017 and ending June 30, 2018. Appropriations for these projects remain in effect until the project is completed. Any unexpended, unobligated appropriations remaining in a capital construction project
budget upon completion of the project shall be deposited into the capitol building rehabilitation and restoration account created by W.S. 9
‑
5
‑
109(
j). To the extent funds are
available,
the appropriations shall be made available as soon as practicable on or after June 30, 2018, but not later than ninety (90) days after the end of the 2018 fiscal year. The amounts appropriated in this section are intended to provide a maximum amount for each project and shall not be construed to be an entitlement or guaranteed amount. In the event there are insufficient funds to accomplish the purposes of all appropriations in this section

from earnings
deposited
to the strategic investment and projects account in fiscal year 201
8
the state treasurer and the state auditor may utilize interfund loans from the
legislative stabilization reserve
account as authorized in section
9
of this act. If there are insufficient funds in the strategic investment and projects account and the
legislative stabilization reserve
account to accomplish the purposes of all
appropriations in this section,
appropriations shall be made in priority order, with the total appropriation funded for each priority before funding the next priority as specified:

Priority

Agency

Description

Amount ($)

I
.
006 State facilities construction account
2.

20,000,000

II.
067 University science initiative
3.

24,400,000

IV
I
I
.

006 Capitol
bldg. rehabilitation and restoration account
1.

20,000,000

4
4,4
00,000

III
.

006 State facilities – Casper
4.
12,000,000
V.

045 Mineral impacted roads
5.

To be determined.

1.

Funds from this appropriation shall be deposited in the capitol building rehabilitation and restoration account created by W.S. 9
‑
5
‑
109(
j).

2.

Funds from this appropriation shall be deposited in the state facilities construction account.

3.

The state treasurer shall deposit this appropriation in the University of Wyoming science initiative account.

4.

This appropriation shall be deposited in the Casper state facilities account.

5.

To the extent highway funds are deposited to the mineral impacted road account pursuant to section 13 of this act, and have not been replenished under section 7 of this act, an amount
necessary to completely restore those highway funds is appropriated for deposit to the highway fund. Funds deposited to the highway fund under this section shall not be subject to any reversion or lapse.

[INTERFUND LOAN]

Section 9
.
In addition to the authority provided under W.S. 9
‑
1
‑
417 the state treasurer and the state auditor may utilize up to one hundred fifty million dollars ($150,000,000.00) in interfund loans from the unexpended, unobligated balance of the legislative stabilization reserve account for deposit to the strategic investments and projects account as necessary to meet appropriations from that account and contract obligations of the department of administration and information and University of Wyoming incurred for purposes of this act. The state treasurer and the state auditor shall not utilize interfund loans under this section to meet appropriations for Mineral impacted roads in section 7, priority VI and section 8, priority V, appropriations for the
Ludden library in section 7, priority II or appropriations for the Capitol bldg. rehabilitation and restoration account in section 7,
priority
priorities III and
V and section 8, priority
IV
II
of this act.

Section 3.

For the period beginning with the effective date of this act and ending October 15, 2017, prior to making any deposits under W.S. 9
‑
4
‑
719(
q) to the legislative stabilization reserve account, nineteen million two hundred thousand dollars ($19,200,000.00) which would otherwise be deposited to the legislative stabilization reserve account under W.S. 9
‑
4
‑
719(q) shall be distributed to the capitol building rehabilitation and restoration account created by W.S. 9
‑
5
‑
109(j).

Section
4
.

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)

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SF0166