The proposed bill establishes prohibitions against cities, towns, and counties in Wyoming from imposing any fees or conditions related to housing on residential or commercial development. Specifically, it creates new legal provisions under W.S. 15-1-612 and 18-5-209, which state that governing bodies cannot impose monetary fees, nonmonetary conditions, or other concessions concerning workforce housing, unmet housing needs, or affordable housing within their jurisdictions.

The bill specifies that these prohibitions will apply to all permit applications for residential or commercial development submitted on or after July 1, 2026. Additionally, it clarifies that the act will not affect any existing contracts or obligations related to development that were executed before this date. The effective date for the bill is set for July 1, 2026.