§ 35-1-1003 — Wyoming critical access or rural hospital endowment challenge account

Wyoming § 35-1-1003

• Jurisdiction: Wyoming
• Title 35: Public Health and Safety
• Ch. 1: ADMINISTRATION
• Art. 10: WYOMING CRITICAL ACCESS/RURAL HOSPITAL ENDOWMENT

Text

(a) The Wyoming critical access or rural hospital
endowment challenge account is created and, until June 30, 2013,
shall consist of separate accounts, one (1) account for each
Wyoming critical access or rural hospital.
(b) On June 30, 2012, from amounts which are within the
challenge account, or as necessary within separate accounts
which are unobligated, one million five hundred thousand dollars
($1,500,000.00) shall be segregated within the endowment
challenge account for distribution as provided in W.S.
35-1-1004(k).
(c) The state treasurer shall invest funds within the
account created under subsection (a) of this section and shall
deposit the earnings from account investments to the general
fund.
(d) Any unexpended and unobligated funds in excess of one
million five hundred thousand dollars ($1,500,000.00) from the
amount appropriated to the separate accounts within the
challenge account shall revert to the budget reserve account on
June 30, 2012. Any unexpended funds remaining in the separate
accounts within the challenge account shall revert to the budget
reserve account on June 30, 2013. Of the one million five
hundred thousand dollars ($1,500,000.00) segregated in the
challenge account pursuant to subsection (b) of this section,
any remaining funds in the account shall revert to the budget
reserve account on June 30, 2015.
Note: this subsection is repealed by Laws 2025, ch. 63, § 2.
effective 7/1/2026.