This bill aims to revise and correct various statutes in Wyoming by addressing inadvertent errors, obsolete references, and ensuring clarity in legal language. Key amendments include changing the term "insure" to "ensure" in the context of recording testimony during inquests, and updating the term "project" to "projects" in relation to the strategic investments account. Additionally, the bill modifies the definition of "mineral" to clarify the substances included, and it corrects the spelling of "sulphur" to "sulfur" in multiple sections.
The bill also outlines the responsibilities of the state treasurer regarding the management of the permanent Wyoming mineral trust fund reserve account, ensuring that funds are transferred appropriately to the general fund while maintaining the integrity of the trust. Furthermore, it specifies the conditions under which the Wyoming oil and gas conservation commission can authorize unit operations, including the necessary consent from property owners. The act is set to take effect on July 1, 2024.
Statutes affected: 24LSO-0195 v0.4: 7-4-204, 9-4-719, 31-2-231, 34-24-102, 36-6-301