Bill > SF0028

This bill creates a University of Wyoming Reserve Officers' Training Corps (ROTC) endowment fund and income account to support ROTC programs at the university. The endowment fund will be established with appropriated or donated funds and can be invested like other state permanent funds, with investment earnings distributed annually to the income account. The University of Wyoming's board of trustees must ensure these funds are used specifically for ROTC-related purposes, including academic military programs, tactical laboratory training, instructional resources, student and faculty recruitment, and student financial aid. The board is prohibited from reducing the existing ROTC program budget based on these new funds and must report annually on the fund's use. The bill requires the ROTC programs to submit a detailed annual report to state leadership by October 1st of each year, describing how the investment earnings were spent across various program categories. The endowment fund and its accompanying provisions will become effective on July 1, 2025, and the fund will be added to the state's list of permanent funds. The goal is to provide stable, ongoing financial support for the university's ROTC programs through a dedicated endowment mechanism.

Transportation and Infrastructure

Transportation, Highways and Military Affairs (Joint)

https://www.wyoleg.gov/Legislation/2025/SF0028