HB0001H3082

This amendment modifies the budget balancer provision title and establishes a new transfer mechanism to allocate $10 million from the public school foundation program account to the legislative stabilization reserve account, with the funds subsequently appropriated for a Sweetwater County School District #1 high school project.

• Changes the section title from 'BUDGET BALANCERS - TRANSFERS' to 'BUDGET BALANCERS AND TRANSFERS' by replacing the hyphen with 'AND'. (Page 103, line 1)
• Adds a new subsection requiring the state auditor to transfer up to $10 million from revenues in the public school foundation program account to the legislative stabilization reserve account by December 15, 2026. These funds are separately accounted for and, along with investment earnings, are appropriated to the Sweetwater County School District #1 high school project initially funded under 2024 Wyoming Session Laws, Chapter 118, Section 313(j)(iv). Funds are available for expenditure only after the original project appropriation is fully expended. (Page 103, after line 21)Agency: State Auditor · $10,000,000 Public School Foundation Program Account to Legislative Stabilization Reserve Account
• Amends 2024 Wyoming Session Laws, Chapter 118, Section 313(j)(iv) to reduce the total school capital construction appropriation from $241,374,013 to $231,374,013 and requires the school facilities commission to revert $10 million in unexpended funds from the Sweetwater County School District #1 high school project back to the public school foundation program account upon the effective date of the amendment. (Page 141, after line 19)Agency: State Construction Department (School Facilities Commission) · $10,000,000 Public School Foundation Program Account

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