The bill clarifies the authority of cities and towns in Wyoming to construct electricity production facilities and outlines the conditions under which they can issue revenue bonds for these projects. It amends several sections of existing law, including W.S. 15-1-702, 15-7-101, 15-7-111, 37-1-101, and 37-16-101. Notably, it specifies that cities and towns may issue revenue bonds for creating, constructing, maintaining, expanding, or improving electrical systems, provided they operate under an agreement with the relevant public utility. Additionally, the bill states that municipalities operating electricity production facilities under such agreements are not classified as public utilities.

The bill also introduces new definitions and clarifications regarding the status of public utilities owned by municipalities, particularly in relation to wholesale electricity sales. It emphasizes that revenue bonds cannot be used to acquire existing electrical systems and establishes that municipalities are exempt from certain public utility regulations when selling electricity at wholesale under regulated agreements. The effective date for this legislation is set for July 1, 2025.

Statutes affected:
Introduced: 15-1-702, 15-7-101, 15-7-111, 37-1-101, 37-16-101