By Cowboy State Daily
A measure that would let the University of Wyoming borrow $88 million to build new dormitories was cut significantly Wednesday.
The Senate Appropriations Committee decided instead to provide the university with $10 million to begin the project.
HB 293 had originally proposed letting the university borrow enough money from the state’s “rainy day fund” to build dormitories to house 2,000 bedrooms and then destroy or refurbish the old dormitories.
But before sending the bill to the Senate for debate by the full body, the Appropriations committee changed the loan to a direct appropriation for $10 million.
The bill heads to the floor shortly before the deadline for bills to get through the “Committee of the Whole,” their first review by the full body.
All “Committee of the Whole” work is to be completed by Thursday.