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WY HB0005
Bill
Status
Passed
2/27/2026
Primary Sponsor
Minerals, Business and Economic Development
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AI Summary
- Requires the state treasurer to invest funds collected from oil and gas bonding pool assessments in accordance with law
- All investment earnings must be deposited into the separate account established under W.S. 30-5-116(b)
- Funds collected and investment earnings may only be expended on the bonding pool for oil and gas operators
- Assessment rate remains at zero mills from July 1, 2025 through June 30, 2030, with a maximum rate of 0.5 mills ($0.0005 per dollar) allowed beginning July 1, 2030
- Effective date: July 1, 2026
Legislative Description
Oil and gas bonding pool-investment and earnings.
Last Action
Assigned Chapter Number 2
2/27/2026
Committee Referrals
Minerals, Business & Economic Development2/9/2026
Full Bill Text
No bill text available