The proposed bill establishes a new offense under Wyoming law, specifically addressing the use of fraudulent documents to gain or maintain possession of property. It introduces a definition for "document" as any writing in various forms, including physical and electronic, and defines "property" as real property that is improved by a dwelling, structure, or other building. The bill stipulates that individuals found guilty of this offense will face felony charges, which could result in imprisonment for up to ten years, a fine of up to $10,000, or both.

The bill is set to take effect on July 1, 2025, marking a significant step in addressing property fraud within the state. By clearly defining the offense and outlining the associated penalties, the legislation aims to deter fraudulent activities related to property ownership and claims.