Plain English Breakdown
The bill summary does not provide specific details on all construction projects funded by SIPA.
State Funded Capital Construction Act
This act directs rental income from unused portions of buildings used by the state trails program to be deposited into specific accounts, appropriates funds for various construction projects, and authorizes land purchases for the state trails program.
What This Bill Does
- Directs rental income from unused portions of any building used as quarters for the state trails program field office to be deposited equally into the Snowmobile Trails Account and the Off-Road Recreational Vehicles Trails Account.
- Appropriates funds totaling over $180 million for various construction projects managed by the State Construction Department, including community college projects and other state agency projects.
- Authorizes the University of Wyoming to use funds from the Strategic Investments and Projects Account (SIPA) for specific design and construction projects with a condition that matching funds are provided in a 1:1 ratio.
- Transfers any unspent funds from the Capitol Renovation and Restoration Account to the Capitol Square Preservation Account.
Who It Names or Affects
- State agencies involved in capital construction projects, such as the State Construction Department
- The University of Wyoming for specific design and construction projects
Terms To Know
- Strategic Investments and Projects Account (SIPA)
- A special account that provides funding for specific projects at the University of Wyoming.
- Capitol Square Preservation Account
- An account used to fund maintenance, preservation, and enhancement activities related to the capitol building and grounds.
Limits and Unknowns
- Some appropriations are subject to conditions that must be met before funds can be used.
- Details on specific projects funded by SIPA may vary based on decisions made by the University Board of Trustees.