This bill amends existing laws regarding the leasing of state lands in Wyoming, specifically clarifying that state lands may be leased for residential purposes. It empowers the board of land commissioners to consider acquiring lands from the federal government that are suitable for residential leasing. Additionally, the bill establishes a priority for affordable housing leases on state lands that are adjacent to or border municipal boundaries, emphasizing the importance of providing adequate, affordable housing to promote economic welfare in the state.

Key amendments include the insertion of provisions that allow the board to lease state lands for residential purposes and prioritize affordable housing projects. The bill also specifies that any land acquired from the federal government does not need to be in the same area as the lands exchanged, and it outlines the board's authority to determine the best use of acquired lands, including residential leasing. The act is set to take effect on July 1, 2025.

Statutes affected:
Draft 25LSO-0024: 36-1-105, 36-3-102, 36-5-114