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 each participating operator based on the fair cash market value of oil and gas produced, sold, or transported from their wells. Notably, the assessment will be set at zero mills from July 1, 2025, to June 30, 2030, and will not exceed five-tenths of one mill ($0.0005) on the 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 provisions for the investment of the bonding pool assessment proceeds. The state treasurer is tasked with investing these funds in accordance with the law, and all investment earnings will also be deposited into the same separate account. The funds collected and the 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