The bill establishes a new framework for leasing state lands for utility scale industrial projects in Wyoming. It introduces a definition for "utility scale industrial project," which includes projects with a capital cost of at least $15 million and a footprint of at least 320 acres. The legislation mandates that no lease for such projects can be approved without a public hearing in the relevant county if requested by county commissioners. Additionally, it requires a thorough review process to assess potential risks to the state's economic interests and to mitigate litigation costs.

Furthermore, the bill outlines specific criteria for leasing state lands for utility scale industrial projects, including the implementation of an aircraft detection lighting system and a written analysis of potential adverse impacts on nature-based tourism and local property values. This analysis must consider various factors, such as visual impacts, effects on wildlife migration corridors, and local land use planning. The bill also stipulates that lessees must deposit a bond for decommissioning costs associated with the projects. The act is set to take effect on July 1, 2026.

Statutes affected:
Introduced: 36-1-101, 36-5-105, 36-5-114