This bill establishes new prohibitions for cities, towns, and counties in Wyoming regarding the imposition of fees or conditions related to housing on residential or commercial development. Specifically, it creates two new sections in the law: W.S. 15-1-612 and W.S. 18-5-209, which state that no governing body or board of county commissioners can impose monetary fees, nonmonetary conditions, or other concessions that require the provision of workforce housing, unmet housing needs, or affordable housing on such developments within their jurisdictions.

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