The bill amends existing provisions regarding the leasing and subleasing of state grazing lands in Wyoming. It introduces new definitions and criteria for subleasing, including the requirement that lessees pay one-half of the "excess rental"—defined as the amount received from subleasing that exceeds the current annual grazing and agricultural lease rental. Additionally, it allows lessees to graze non-owned livestock without prior approval from the director, provided they document the grazing and notify the board of the presence of such livestock within thirty days. A new monthly fee per head of non-owned livestock is established, which cannot exceed fifty percent of the annual animal unit month rental rate.

The bill also includes a provision that exempts lessees from the sublease or non-owned livestock fee if they notify the office that at least eighty percent of the ownership of the entities holding the lease and owning the livestock is common. Furthermore, several obsolete provisions are repealed to streamline the leasing process. The act is set to take effect on July 1, 2026.

Statutes affected:
Introduced: 36-5-105