This amendment authorizes the state treasurer to invest up to $100 million from the permanent Wyoming mineral trust fund as loans to the Department of Transportation for specific highway construction projects, with repayment structured through transfers from the strategic investments and projects account.
- Modifies the Department of Transportation Administration footnote to add footnote 7 and increases the OTHER FUNDS appropriation by $100,000,000 (S0). (Page 31, lines 1-2)
- Adds new footnote 7 establishing authorization for the state treasurer to invest up to $100 million from the permanent Wyoming mineral trust fund as loans to the Department of Transportation for highway construction projects, with specific project types listed (passing lanes on US 20, US 287 widening, WY 59 widening, and alternative highway from Rock Springs to Green River). (Page 35, lines 4-36)
- Sets the loan interest rate at a fixed rate not to exceed 2.5%, with repayment required by June 30, 2028. (Page 36, lines 13-20)
- Establishes that the $100 million investment is a public purpose investment under Wyoming statute and authorizes the state auditor to transfer funds from the strategic investments and projects account to repay the loans beginning June 30, 2027, with annual transfers of up to $50 million or the remaining loan balance, whichever is less. (Page 36, lines 22-36)
AI-generated summary · Verify against the amendment text (PDF) · Notice a problem? Let us know
