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WY SF0123

Bill

Status

Passed

3/7/2026

Primary Sponsor

Dennis Biteman

Click for details

Origin

Senate

2026 Budget Session

AI Summary

  • Creates the Wyoming Energy Dominance Fund administered by the Wyoming Energy Authority, funded by up to $105 million in severance tax revenues redirected during fiscal year 2027

  • Authorizes grants requiring 1:1 matching non-state funds for energy projects including coal innovation, natural gas, uranium, rare earth minerals, and pipeline infrastructure; explicitly excludes wind and solar projects

  • Authorizes loans with interest rates set at the federal funds rate minus 1% (minimum 0%), maximum 10-year terms, minimum 1% origination fees, and adequate collateral requirements; loan repayments credited to the Permanent Wyoming Mineral Trust Fund Reserve Account

  • Requires attorney general legal review of each grant/loan, governor approval, 30-day advance notice to legislative committees, and quarterly progress reports from recipients

  • Repeals the fund on December 31, 2028, with unexpended funds reverting to the Permanent Wyoming Mineral Trust Fund Reserve Account

Legislative Description

Wyoming energy dominance fund.

Last Action

Assigned Chapter Number 107

3/7/2026

Committee Referrals

Appropriations2/27/2026
Minerals, Business & Economic Development2/24/2026
Appropriations2/12/2026

Full Bill Text

No bill text available