WY
Wyoming House Bill HB0041

Wyoming 2025 Regular Session

Wyoming House Bill HB0041 Compare Versions

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1-ORIGINAL HOUSE
2-BILL NO. HB0041
3-ENROLLED ACT NO. 7, HOUSE OF REPRESENTATIVES
4-SIXTY-EIGHTH LEGISLATURE OF THE STATE OF WYOMING
5-2025 GENERAL SESSION
1+2025
2+STATE OF WYOMING
3+25LSO-0223
4+ENGROSSED
5+1HB0041
6+HOUSE BILL NO. HB0041
7+Environmental quality-irrevocable letters of credit.
8+Sponsored by: Representative(s) Lawley, Heiner and Larson,
9+JT and Senator(s) Anderson and Jones
10+A BILL
11+for
12+1 AN ACT relating to environmental quality; clarifying the
13+2 financial institutions from which operators may obtain
14+3 irrevocable letters of credit to deposit with the
15+4 department of environmental quality in lieu of a bond;
16+5 specifying applicability; authorizing rulemaking; and
17+6 providing for effective dates.
18+7
19+8
20+9
21+10. W.S. 35-11-418 and 35-11-504(e) are
22+11 amended to read:
23+12
24+13
25+14 2025STATE OF WYOMING25LSO-0223
26+ENGROSSED
27+2HB00411n lieu of a bond,
28+2 the operator or its principal may deposit federally insured
29+3 certificates of deposit payable to the Wyoming department
30+4 of environmental quality, or cash, or government
31+5 securities, or irrevocable letters of credit issued by a
32+6 bank organized to do business in the United States, or all
33+7 four .
34+8
35+9
36+10
37+11
38+12
39+13
40+14
41+15
42+16
43+17
44+18
45+19
46+20
47+21
48+22
49+23 2025STATE OF WYOMING25LSO-0223
50+ENGROSSED
51+3HB0041
652 1
7-AN ACT relating to environmental quality; clarifying the
8-financial institutions from which operators may obtain
9-irrevocable letters of credit to deposit with the
10-department of environmental quality in lieu of a bond;
11-specifying applicability; authorizing rulemaking; and
12-providing for effective dates.
13-Be It Enacted by the Legislature of the State of Wyoming:
14-Section 1. W.S. 35-11-418 and 35-11-504(e) are
15-amended to read:
16-35-11-418. Cash or securities in lieu of bond.
17-(a) For coal mining operations, in lieu of a bond,
18-the operator or its principal may deposit federally insured
19-certificates of deposit payable to the Wyoming department
20-of environmental quality, or cash, or government
21-securities, or irrevocable letters of credit issued by a
22-bank organized to do business in the United States, or all
23-four (4).
24-(b) For noncoal mining operations that take place on
25-land that is not owned or operated by the United States or
26-a federal agency, in lieu of a bond, the operator or the
27-operator's principal may deposit federally insured
28-certificates of deposit payable to the Wyoming department
29-of environmental quality, or cash, or government
30-securities, or irrevocable letters of credit issued by a
31-bank or credit union organized to do business in the United
32-States, or all four (4).
33-(c) Irrevocable letters of credit deposited under
34-this section shall be issued by a bank that is insured by
35-the federal deposit insurance corporation or a credit union ORIGINAL HOUSE
36-BILL NO. HB0041
37-ENROLLED ACT NO. 7, HOUSE OF REPRESENTATIVES
38-SIXTY-EIGHTH LEGISLATURE OF THE STATE OF WYOMING
39-2025 GENERAL SESSION
4053 2
41-that is insured by the national credit union
42-administration.
43-35-11-504. Bonding for solid waste management
44-facilities.
45-(e) In lieu of a bond, the operator may deposit
46-federally insured certificates of deposit payable to the
47-Wyoming department of environmental quality, cash,
48-government securities, or irrevocable letters of credit
49-issued by a bank organized to do business
50-in the United States, or all four (4).
51-of credit deposited under this subsection shall be issued
52-by a bank that is insured by the federal deposit insurance
53-corporation or a credit union that is insured by the
54-national credit union administration.
55-Section 2. This act shall apply to irrevocable
56-letters of credit deposited under W.S. 35-11-418 and
57-35-11-504(e) that are issued on and after the effective
58-date of this act.
59-Section 3. The environmental quality council, upon
60-recommendation by the department of environmental quality,
61-shall promulgate all rules necessary to implement this act. ORIGINAL HOUSE
62-BILL NO. HB0041
63-ENROLLED ACT NO. 7, HOUSE OF REPRESENTATIVES
64-SIXTY-EIGHTH LEGISLATURE OF THE STATE OF WYOMING
65-2025 GENERAL SESSION
66-3Section 4.
67-(a) Except as provided in subsection (b) of this
68-section, this act is effective July 1, 2025.
69-(b) Sections 3 and 4 of this act are effective
70-immediately upon completion of all acts necessary for a
71-bill to become law as provided by Article 4, Section 8 of
72-the Wyoming Constitution.
73-(END)
74-Speaker of the HousePresident of the SenateGovernorTIME APPROVED: _________DATE APPROVED: _________
75-I hereby certify that this act originated in the House.
76-Chief Clerk
54+3
55+4
56+5 (e) In lieu of a bond, the operator may deposit
57+6 federally insured certificates of deposit payable to the
58+7 Wyoming department of environmental quality, cash,
59+8 government securities, or irrevocable letters of credit
60+9 issued by a bank organized to do business
61+10 in the United States, or all four (4).
62+11
63+12
64+13
65+14
66+15
67+16
68+17 letters of credit deposited under W.S. 35-11-418 and
69+18 35-11-504(e) that are issued on and after the effective
70+19 date of this act.
71+20
72+21The environmental quality council, upon
73+22 recommendation by the department of environmental quality,
74+23 shall promulgate all rules necessary to implement this act. 2025STATE OF WYOMING25LSO-0223
75+ENGROSSED
76+4HB00411
77+2
78+3
79+4 (a) Except as provided in subsection (b) of this
80+5 section, this act is effective July 1, 2025.
81+6
82+7 (b) Sections 3 and 4 of this act are effective
83+8 immediately upon completion of all acts necessary for a
84+9 bill to become law as provided by Article 4, Section 8 of
85+10 the Wyoming Constitution.
86+11
87+12 (END)