School of energy resources budget submittal.

Plain English Breakdown

The official bill text does not specify detailed procedures for implementing the independent budget process.

School of Energy Resources Budget Submission

This law requires the University of Wyoming's School of Energy Resources to submit its budget independently and separately from the university, with approval by the Energy Resources Council before submission.

What This Bill Does

• Requires the School of Energy Resources at the University of Wyoming to develop and submit a separate biennial budget for review by the Energy Resources Council.
• After council approval, the school must send its budget to the Governor and provide a copy to the university's Board of Trustees for informational purposes.
• Modifies reporting requirements so that the School of Energy Resources reports on any budgets it submits as part of its annual report to specific legislative committees.

Who It Names or Affects

• The University of Wyoming's School of Energy Resources
• The Governor and Legislature of Wyoming
• The Board of Trustees at the University of Wyoming

Terms To Know

Biennial Budget

A budget that covers a two-year period.

Energy Resources Council

An advisory body overseeing the School of Energy Resources at the University of Wyoming.

Limits and Unknowns

• The law does not specify how the independent budget process will be implemented in detail.
• It is unclear what changes, if any, this act will bring to the school's operations beyond budget submission processes.

Official Summary Text

Bill Summary - 21LSO-0224
Bill No.:

SF0111

Effective:

7/1/2021 12:00:00 AM

LSO No.:

21LSO-0224

Enrolled Act No.:

SEA No. 0055

Chapter No.:

132

Prime Sponsor:

Anderson

Catch Title:

School of energy resources budget submittal.

Subject:

Specifying the process by which the University of Wyoming School of Energy Resources submits its budget.

Summary/Major Elements:

Currently, the University of Wyoming submits a single budget for recommendations by the Governor and for consideration by the Legislature.

This act requires the University of Wyoming's School of Energy Resources to independently develop and submit a budget for the School for approval by the Energy Resources Council and then for submission in accordance with state law concerning the submission of agency budgets.

The act requires the School of Energy Resources to submit its budget to the Governor after the Energy Resources Council approves it and to submit a copy for informational purposes to the University's Board of Trustees.

The act amends a reporting requirement to require the School of Energy Resources to report on any budget submitted and prepared as part of the School's report to the Joint Minerals, Business and Economic Development Interim Committee.

The act applies to the University's and School's budgets beginning with the 2023-2024 fiscal biennium.

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

21LSO-0224

ORIGINAL Senate

ENGROSSED
File No
.
SF0111

ENROLLED ACT NO. 55,

SENATE

SIXTY-SIXTH LEGISLATURE OF THE STATE OF WYOMING
2021 General Session

AN ACT relating to the University of Wyoming; requiring the school of energy resources of the University of Wyoming to submit its biennial budget independently of the University of Wyoming; making conforming amendments; specifying applicability; and providing for an effective date.

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

Section 1
.

W.S. 21
‑
17
‑
117(a), (c) by creating a new paragraph (iv), (d) and (f) is amended to read:

21
‑
17
‑
117.

School of energy resources; creation authorized; University of Wyoming energy resources council established; reports; budget submittal.

(a)

Subject to legislative appropriation
and subject to paragraph (c)(iv) of this section
, the University of Wyoming shall operate the school of energy resources.

(c)

The school of energy resources shall:

(iv)

Notwithstanding any other provision of this chapter, develop and submit a budget for the school for approval by the energy resources council and then shall submit for review in accordance with W.S. 9
‑
2
‑
1010 through 9
‑
2
‑
1014. The school of energy resources shall submit its budget to the governor after approval by the energy resources council created in subsection (e) of this section. The school of energy resources shall submit a copy of its budget for informational purposes to the university's board of trustees.

(d)

Except as provided in paragraph (c)(iv) of this section, t
he university's board of trustees shall establish the structure and policies for operation of the school of
energy resources consistent with this section, and shall engage as many academic departments and colleges as possible in support of the school.

(f)

The university shall report annually, not later than October 1, to the joint minerals, business and economic development interim committee, the joint appropriations
interim
committee and the joint education interim committee regarding all revenues to and expenditures by the school of energy resources during the preceding fiscal year,
any budget prepared and submitted under paragraph (c)(iv) of this section,
accomplishments of the school of energy resources and its benefits to Wyoming's energy economy.

Section 2.

The provisions of this act shall apply to the budgets of the University of Wyoming and the school of energy resources beginning with the 2023
‑
2024 biennial budget.

Section 3
.

This act is effective July 1, 2021
.

(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