2025
STATE OF WYOMING
25LSO-07111HB0294
HOUSE BILL NO. HB0294
Federal mineral royalties-distribution amendments.
Sponsored by: Representative(s) Bear and Smith, S and
Senator(s) Hicks, Laursen, D and Smith, D
A BILL
for
1 AN ACT relating to state funds; amending the distribution
2 of specified federal mineral royalties received by the
3 state; making conforming amendments; repealing obsolete
4 provisions; and providing for an effective date.
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8. W.S. 9-4-601(d)(intro), (vi), (vii),
9 (o)(intro) and by creating a new subsection (p) is amended
10 to read:
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14 2025STATE OF WYOMING25LSO-07112HB02941 (d) Except as provided in subsections
2 of this section, any revenue received under
3 subsection (a) of this section in excess of two hundred
4 million dollars ($200,000,000.00) shall be distributed as
5 follows:
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7 (vi) From the amounts which would otherwise be
8 distributed to the school foundation program account under
9 paragraph (iii) of this subsection and
10 paragraphs
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12 annually appropriated to the common school permanent fund
13 reserve account the amount determined under W.S.
14 9-4-719(g). The appropriation shall be credited to the
15 account as provided in W.S. 9-4-719(g);
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17 (vii) From the amounts that would otherwise be
18 distributed to the budget reserve account under paragraph
19 (iv) of this subsection and
20 paragraphs
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22 necessary to make the required revenue bond payments as 2025STATE OF WYOMING25LSO-07113HB0294
1 provided by W.S. 9-4-1003(d), but in no event more than
2 eighteen million dollars ($18,000,000.00) annually;
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4 (o) For fiscal year 2025, any revenue received under
5 subsection (a) of this section in excess of five hundred
6 forty-nine million four hundred thousand dollars
7 ($549,400,000.00)
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10shall be distributed as follows:
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22 2025STATE OF WYOMING25LSO-07114HB02941
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4W.S. 9-4-601(k), (m) and (n) is repealed.
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6. This act is effective July 1, 2025.
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8 (END)