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 specifies that municipalities can issue and sell 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 cities and towns operating electricity production facilities are not classified as public utilities, thereby exempting them from certain regulatory provisions.

Key amendments include the insertion of language that emphasizes the municipalities' powers to carry out their objectives without restriction, the ability to construct electricity generation facilities, and the specific conditions under which revenue bonds can be issued. The bill also modifies the definition of "public utility" to exclude municipal operations selling electricity at wholesale under regulated agreements, and it clarifies that "customer-generators" do not include municipalities operating under such agreements. The act is set to take effect on July 1, 2025.

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