HB0001H3061

This amendment adds $12.5 million in general fund appropriations to the University of Wyoming for endowments and matching funds, conditioned on matching funds being received from non-state sources.

• Adds footnote 12 to the University of Wyoming endowments and matching line in the appropriations table, increasing the general fund appropriation by $12,500,000. (Page 52, lines 8 and lines 1-21 on Page 58)
• Creates new footnote 12 establishing that $12.5 million is appropriated to provide a state match for funds received by the University of Wyoming or donated funds for a permanent endowment under W.S. 21-16-901 through 21-16-904, with distributions used solely to support endowments for priorities identified and approved by the University of Wyoming board of trustees. (Page 58, lines 4-21)
• Conditions the $12.5 million appropriation on a 1:1 match ratio, requiring at least $1.00 of matching funds from non-state sources for every $1.00 of appropriated general funds, with funds retained by the state treasurer for distribution in accordance with W.S. 21-16-904. (Page 58, lines 16-21)

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