Bill No.: SF0084 Drafter: MRW

LSO No.: 06LSO-0328 Effective Date: 3/9/2006

Enrolled Act No.: SEA0006

Chapter No.: 15

Prime Sponsor: Joint Minerals, Business and Economic Development Interim Committee

Catch Title: Wyoming pipeline authority.

Subject: Amendments to the Wyoming pipeline authority.

Summary/Major Elements:

· Changes the name of the Wyoming natural gas pipeline authority to the Wyoming pipeline authority.

· Increases the authority's bonding capacity from $1 billion to $3 billion.

· Expands the state treasurer's investment authority to invest in pipeline bonds.

· Changes the fund the State Treasurer may invest from, from the permanent Wyoming mineral trust fund to the legislative stabilization reserve account.

· Creates the Wyoming pipeline authority investment account.