This amendment creates a separate income account within the cowboy state agricultural trust fund to hold investment earnings and designated contributions, distinct from the principal trust fund.
- Establishes a new cowboy state agricultural trust income account to receive investment earnings and hold funds from federal grants, contributions, gifts, bequests, and donations specifically designated to the income account, separate from the main trust fund. (Page 3, line 6)
- Clarifies that contributions and grants accepted by the committee are directed to the income account unless the donor expressly directs them to the trust fund itself. (Page 3, line 11)
- Changes references from 'Earnings from the fund' to 'Funds within the income account' to reflect the new account structure. (Page 3, line 18)
- Specifies that grant funds must come from the income account specifically. (Page 5, line 19)
- Updates cross-reference to specify the income account created in W.S. 11-53-101(c) rather than a generic fund reference. (Page 8, line 12)
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