WyomingSF 1232026 Budget SessionSenate

AN ACT relating to the administration of the government; creating the Wyoming energy dominance fund; specifying authorized uses and requirements of the fund; authorizing grants and loans from funds within the Wyoming energy dominance fund as specified; requiring reports; providing findings; modifying distribution of severance tax revenues; providing for the deposit of funds into the Wyoming energy dominance fund; making conforming amendments; and providing for an effective date.

Sponsored By: Bo Biteman (Republican)

Signed by Governor

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Bill Overview

Analyzed Economic Effects

4 provisions identified: 0 benefits, 0 costs, 4 mixed.

Wyoming shifts tax money into energy

Beginning July 1, 2026, the law creates the Wyoming energy dominance fund, run by the Wyoming Energy Authority. It receives money designated by law, grants, gifts, transfers, bequests, donations, and investment earnings. The authority has ongoing permission to spend this money on authorized projects beyond its administrative work. For fiscal years 2023–2026, two-thirds of specified severance tax revenue is split equally between the mineral trust and school funds. In fiscal year 2027, that two-thirds share goes to the energy fund, capped at $105 million. Amounts above the cap are split equally between the permanent Wyoming mineral trust fund and the common school account. From fiscal year 2028 onward, specified revenue goes two-thirds to the mineral trust fund and one-third to the school account. The energy fund authorization ends December 31, 2028; money both unspent and uncommitted returns to the mineral trust reserve account. This funding does not provide direct household payments.

Wyoming energy awards require reviews and audits

Beginning July 1, 2026, the Wyoming Energy Authority must accept grant and loan applications at least once every four months. Applications go through concept papers, full applications, public comments, attorney general legal review, and a governor's review and decision. The attorney general must certify each award's legality in an opinion shared with the authority. Before spending, the authority must give at least 30 days' notice explaining each expense's purposes and goals to three legislative groups. These are the Management Council, Joint Appropriations Committee, and Joint Minerals, Business and Economic Development Interim Committee. The Management Council reviews spending plans and makes recommendations by majority vote. Recipients must report spending and progress quarterly, then submit a final report listing accomplishments and a cumulative financial audit. Recipients pay for that audit; these rules are part of the fund provisions repealed December 31, 2028.

Wyoming energy grants require matching money

Beginning July 1, 2026, the Wyoming Energy Authority can award grants for energy research, demonstrations, pilot projects, and commercial development. Eligible work includes coal innovation and coal-fired power; trona and bentonite development; natural gas; enhanced oil recovery; pipelines; and energy exports. It also includes uranium conversion, enrichment, and fuel fabrication; rare earth and critical mineral processing and manufacturing; baseload energy; and grid innovations. Wind and solar projects cannot receive grants, and applicants must secure $1 in nonstate money for each $1 awarded. In-kind contributions and prior applicant investment or spending do not count; grant authority ends December 31, 2028.

Wyoming energy loans carry repayment costs

Beginning July 1, 2026, the Wyoming Energy Authority can lend money for eligible energy research, demonstrations, pilots, and commercial projects. Wind and solar projects are excluded; applicants must provide adequate collateral and a written business case showing funding sources for all expected costs. Interest equals the New York Federal Reserve's reported federal funds rate minus 1 percentage point, with a 0% floor. The origination or guarantee fee must be at least 1% of the loan, and terms cannot exceed 10 years. Repayments go to the permanent Wyoming mineral trust fund reserve account; loan authority ends December 31, 2028.

Sponsors & Cosponsors

Sponsor

  • Bo Biteman

    Republican • Senate

Cosponsors

  • Chip Neiman

    Republican • House

  • Cody Wylie

    Republican • House

  • Eric Barlow

    Republican • Senate

  • Ed Cooper

    Republican • Senate

  • Ogden Driskill

    Republican • Senate

  • Tim French

    Republican • Senate

  • Mike Gierau

    Democratic • Senate

  • Larry Hicks

    Republican • Senate

  • Stacy Jones

    Republican • Senate

  • Dan Laursen

    Republican • Senate

  • Troy McKeown

    Republican • Senate

  • Tara Nethercott

    Republican • Senate

  • Tim Salazar

    Republican • Senate

Roll Call Votes

All Roll Calls

Yes: 190 • No: 161

Senate vote • 3/6/2026

S Concur:Passed 27-2-2-0-0

Yes: 27 • No: 2

House vote • 3/5/2026

Amendment failed 1-59-2-0-0

Yes: 1 • No: 59

House vote • 3/5/2026

H 3rd Reading:Passed 44-16-2-0-0

Yes: 44 • No: 16

House vote • 3/5/2026

Amendment failed 20-40-2-0-0

Yes: 20 • No: 40

House vote • 3/4/2026

Amendment failed 19-40-3-0-0

Yes: 19 • No: 40

House vote • 3/2/2026

H02 - Appropriations:Recommend Do Pass 5-2-0-0-0

Yes: 5 • No: 2

House vote • 2/27/2026

H09 - Minerals:Recommend Amend and Do Pass 9-0-0-0-0

Yes: 9 • No: 0

Senate vote • 2/23/2026

S 3rd Reading:Passed 29-2-0-0-0

Yes: 29 • No: 2

Senate vote • 2/16/2026

S02 - Appropriations:Recommend Amend and Do Pass 5-0-0-0-0

Yes: 5 • No: 0

Senate vote • 2/12/2026

S Introduced and Referred to S02 - Appropriations 31-0-0-0-0

Yes: 31 • No: 0

Actions Timeline

  1. Assigned Chapter Number 107

    3/7/2026
  2. Governor Signed SEA No. 0069

    3/7/2026Governor
  3. H Speaker Signed SEA No. 0069

    3/6/2026House
  4. S President Signed SEA No. 0069

    3/6/2026Senate
  5. Assigned Number SEA No. 0069

    3/6/2026
  6. S Concur:Passed 27-2-2-0-0

    3/6/2026Senate
  7. S Received for Concurrence

    3/6/2026Senate
  8. H 3rd Reading:Passed 44-16-2-0-0

    3/5/2026House
  9. H 2nd Reading:Passed

    3/4/2026House
  10. H COW:Passed

    3/3/2026House
  11. H Placed on General File

    3/2/2026House
  12. H02 - Appropriations:Recommend Do Pass 5-2-0-0-0

    3/2/2026House
  13. H09 - Minerals:Rerefer to H02 - Appropriations

    2/27/2026House
  14. H09 - Minerals:Recommend Amend and Do Pass 9-0-0-0-0

    2/27/2026House
  15. H Introduced and Referred to H09 - Minerals

    2/24/2026House
  16. H Received for Introduction

    2/24/2026House
  17. S 3rd Reading:Passed 29-2-0-0-0

    2/23/2026Senate
  18. S 2nd Reading:Passed

    2/20/2026Senate
  19. S COW:Passed

    2/19/2026Senate
  20. S Placed on General File

    2/16/2026Senate
  21. S02 - Appropriations:Recommend Amend and Do Pass 5-0-0-0-0

    2/16/2026Senate
  22. S Introduced and Referred to S02 - Appropriations 31-0-0-0-0

    2/12/2026Senate
  23. S Received for Introduction

    2/11/2026Senate
  24. Bill Number Assigned

    2/11/2026

Bill Text

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