Loading chat...
WY HJ0002
Joint Resolution
Status
3/2/2026
Primary Sponsor
Select Federal Natural Resource Management
Click for details
AI Summary
-
Wyoming Legislature requests Congress increase the state's share of federal mineral royalties from 50% to 87.5%, with the 2% federal administrative cost deduction also allocated to Wyoming
-
Federal government owns approximately 46% of Wyoming's surface land and over 69% of subsurface resources; Wyoming received $590,920,971 in federal mineral royalties in fiscal year 2024
-
One Big Beautiful Bill Act (enacted July 4, 2025) reduced federal oil and gas royalty rates from 16.67% to 12.5%, estimated to cost Wyoming $600,000 in FY2026, increasing to $4 million annually by FY2030
-
Federal coal royalty rate reduction from 12.5% to 7% estimated to cost Wyoming approximately $50 million annually until 2034
-
Lost revenues would affect funding for roads, bridges, highways, K-12 education, higher education, capital construction, emergency responders, and general government operations
Legislative Description
Federal mineral royalties-state share.
Last Action
Governor Signed HEJR No. 0001
3/2/2026