The bill amends W.S. 30-5-129(a)(v) to provide for the investment of bonding pool assessment proceeds related to oil and gas operations in Wyoming. It specifies that the commission may impose an assessment on operators based on the fair cash market value of oil and gas produced, sold, or transported from their wells. Notably, the assessment will be zero from July 1, 2025, to June 30, 2030, and may be set at a maximum of $0.0005 per dollar starting July 1, 2030. All funds collected from this assessment will be deposited into a separate account established under W.S. 30-5-116(b).

Additionally, the bill introduces new provisions that require the state treasurer to invest the collected funds in accordance with the law, with all investment earnings also deposited into the same separate account. The funds and investment earnings are designated for use solely on the bonding pool established under the relevant subsections. The act is set to take effect on July 1, 2026.

Statutes affected:
26LSO-0153 v0.2: 30-5-129