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Title 35 Public Health and Safety

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Change 1

What to do with it
As published

35-25-702. Definitions.

(a) As used in this article: (i) "Advisory committee" means the Wyoming rural health transformation advisory committee created in W.S. 35-25-703; (ii) "Annual required distribution" means: (A) Beginning July 1, 2026 and ending June 30, 2036, the greater of: (I) The total program income, as defined in 2 C.F.R. § 200.1, earned during the previous fiscal year that is required to be expended under federal statutes, federal regulations or the terms and conditions of the Wyoming rural health transformation plan; or (II) Four percent (4%) of the cumulative total of funds deposited into the perpetuity fund since inception, as calculated on the first day of each fiscal year. (B) Beginning July 1, 2036 and each fiscal year thereafter, four percent (4%) of the previous five (5) year average market value of the perpetuity fund, as calculated on the first day of each fiscal year. (iii) "Department" means the department of health; (iv) "Perpetuity fund" means the Wyoming rural health transformation perpetuity fund created in W.S. 35-25-704; (v) "Purpose-dedicated share" means a discrete fractional interest of the annual required distribution allocated to a specific allowable perpetuity fund expenditure authorized in W.S. 35-25-706; (vi) "Rural health transformation funds" means federal funds awarded to the state of Wyoming under the federal rural health transformation program established by section 71401 of the federal One Big Beautiful Bill Act, P.L. 119-21; (vii) "Wyoming rural health transformation plan" means the rural health transformation program application submitted to and approved by the federal government pursuant to section 71401 of the federal One Big Beautiful Bill Act, P.L. 119-21, and shall include any terms and conditions specified in any associated notice of award, cooperative agreement or similar federal instrument governing the receipt or use of funds, and any amendments thereto; (viii) "Wyoming rural health transformation program" means the program established in W.S. 35-25-705.

Your change, as a redline

35-25-702. Definitions.

(a) As used in this article: (i) "Advisory committee" means the Wyoming rural health transformation advisory committee created in W.S. 35-25-703; (ii) "Annual required distribution" means: (A) Beginning July 1, 2026 and ending June 30, 2036, the greater of: (I) The total program income, as defined in 2 C.F.R. § 200.1, earned during the previous fiscal year that is required to be expended under federal statutes, federal regulations or the terms and conditions of the Wyoming rural health transformation plan; or (II) Four percent (4%) of the cumulative total of funds deposited into the perpetuity fund since inception, as calculated on the first day of each fiscal year. (B) Beginning July 1, 2036 and each fiscal year thereafter, four percent (4%) of the previous five (5) year average market value of the perpetuity fund, as calculated on the first day of each fiscal year. (iii) "Department" means the department of health; (iv) "Perpetuity fund" means the Wyoming rural health transformation perpetuity fund created in W.S. 35-25-704; (v) "Purpose-dedicated share" means a discrete fractional interest of the annual required distribution allocated to a specific allowable perpetuity fund expenditure authorized in W.S. 35-25-706; (vi) "Rural health transformation funds" means federal funds awarded to the state of Wyoming under the federal rural health transformation program established by section 71401 of the federal One Big Beautiful Bill Act, P.L. 119-21; (vii) "Wyoming rural health transformation plan" means the rural health transformation program application submitted to and approved by the federal government pursuant to section 71401 of the federal One Big Beautiful Bill Act, P.L. 119-21, and shall include any terms and conditions specified in any associated notice of award, cooperative agreement or similar federal instrument governing the receipt or use of funds, and any amendments thereto; (viii) "Wyoming rural health transformation program" means the program established in W.S. 35-25-705.

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