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WY HJ0002

Joint Resolution

Status

Passed

3/2/2026

Primary Sponsor

Select Federal Natural Resource Management

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Origin

House of Representatives

2026 Budget Session

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

Committee Referrals

Agriculture, State and Public Lands & Water Resources2/9/2026

Full Bill Text

No bill text available