ORIGINALSF0005SS001 SENATEPage FILE3-line NO.21 Delete entirely and insert:

SF0005"Section ENROLLED2. ACT NO.

10,This SENATEact SIXTY-EIGHTHis LEGISLATUREeffective OFimmediately THEupon STATEcompletion OFof WYOMINGall BUDGETacts SESSIONnecessary ANfor ACTa relatingbill to counties;become law as provided by Article 4, Section 8 of the Wyoming Constitution.".

authorizingBRENNAN, countyCHAIRMAN memorial1 hospitals and hospital districts to file for bankruptcy under chapter 9 of the United States bankruptcy code as specified;

and providing for an effective date.

Be It Enacted by the Legislature of the State of Wyoming:

Section 1.

W.S.

18-8-109(a)(intro), (b) and (c) and 35-2-438(a)(intro) and by creating a new subsection (d) are amended to read:

18-8-109.

Dissolution;

bankruptcy.

(a) Subject to the requirements of this section, the trustees of a memorial hospital may vote to file bankruptcy under chapter 9 of the United States bankruptcy code or to dissolve and terminate the county memorial hospital.

The plan to dissolve and terminate the county memorial hospital shall provide for the following:

(b) Before any vote by the trustees to file bankruptcy or plan to dissolve and terminate a county memorial hospital is effective, the bankruptcy petition and initial plan for the adjustment of debts or the dissolution and termination plan shall be approved by the board of county commissioners.

(c) If the board of county commissioners approves the bankruptcy petition and initial plan for adjustment of debts or the dissolution and termination plan, the board of trustees may take all action necessary to obtain confirmation of the plan of adjustment and closure of the case under chapter 9 of the United States bankruptcy code or take all action necessary to effectuate the plan and dissolve and terminate the county memorial hospital.

ORIGINAL SENATE FILE NO.

SF0005 ENROLLED ACT NO.

10, SENATE SIXTY-EIGHTH LEGISLATURE OF THE STATE OF WYOMING BUDGET SESSION 35-2-438.

Dissolution;

bankruptcy.

(a) Subject to the requirements of this section, the trustees of a hospital district may vote to file bankruptcy under chapter 9 of the United States bankruptcy code or to dissolve and terminate the district.

The plan to dissolve and terminate the district shall provide for the following:

(d) Filing of bankruptcy under subsection (a) of this section shall not require a vote of qualified electors.

Before any vote by the trustees of a hospital district to file bankruptcy, the bankruptcy petition and initial plan for adjustment of debts shall be posted on any website operated by the district and be publicly available for a period of not less than seven (7) days prior to the first public meeting of the trustees where the petition and plan will be considered.

If the trustees approve the bankruptcy petition and initial plan for adjustment of debts, the trustees may take all action necessary to obtain confirmation of the plan of adjustment and closure of the case under chapter 9 of the United States bankruptcy code.

ORIGINAL SENATE FILE NO.

SF0005 ENROLLED ACT NO.

10, SENATE SIXTY-EIGHTH LEGISLATURE OF THE STATE OF WYOMING BUDGET SESSION Section 2.

This act is effective immediately upon completion of all acts necessary for a bill to become law as provided by Article 4, Section 8 of the Wyoming Constitution.

(END) Speaker of the House President of the Senate Governor TIME APPROVED:

_________ DATE APPROVED:

_________ I hereby certify that this act originated in the Senate.

Chief Clerk 3