The bill amends W.S. 30-5-129(a)(v) to establish new provisions regarding the assessment on oil and gas operators in Wyoming. It specifies that the commission may impose an assessment on the fair cash market value of oil and gas produced, sold, or transported from operators' wells, with the assessment set to be zero from July 1, 2025, to June 30, 2030. After this period, the assessment may not exceed five-tenths of one mill ($0.0005) on the dollar. 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 legal language that mandates the state treasurer to invest the funds collected from the assessment in accordance with the law, with all investment earnings also deposited into the same separate account. The funds and investment earnings are designated for expenditure solely on the bonding pool established under the relevant subsections. The act is set to take effect on July 1, 2026.

Statutes affected:
Introduced: 30-5-129