WyomingSF 172025 General SessionSenate

AN ACT relating to the administration of the government; providing an enhanced oil recovery stimulus for the use of carbon dioxide in enhanced oil recovery; specifying conditions and requirements for the stimulus; providing for the administration of the stimulus; creating an account; requiring reports; requiring transfers of funds; authorizing rulemaking; providing an appropriation; and providing for an effective date.

Sponsored By: null Minerals

Signed by Governor

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Bill Overview

Analyzed Economic Effects

2 provisions identified: 0 benefits, 0 costs, 2 mixed.

New payments for Wyoming carbon providers

Beginning July 1, 2025, Wyoming offers carbon dioxide providers a base payment of $10 per ton. Providers must capture the gas in Wyoming, supply it for Wyoming oil or gas recovery, and store it through that production. The capture technology and gas must meet federal 45Q tax-credit rules as of January 1, 2023. Providers must receive that federal credit first, keep qualifying, and apply through the Wyoming Energy Authority. The state payment changes in proportion to changes in the gap between federal credits for recovery and separate underground storage. No state payment is available when the separate-storage credit is equal to, below, or no more than $15 above the recovery credit. Payments are reduced proportionally when account funds cannot cover all eligible claims. The Authority administers applications and rules and can consult other agencies to check federal-credit compliance.

Wyoming reserves fund oil recovery payments

Beginning July 1, 2025, the law transfers $10 million from Wyoming's Legislative Stabilization Reserve to a new oil recovery stimulus account. This money supports provider payments rather than household relief and is unavailable for other state uses. Account funds are continuously available to the Governor only for authorized stimulus payments, with the State Auditor making payments. The State Treasurer invests the money, and earnings stay in the account. By August 1 each year, the Department of Revenue reports specified severance taxes from production supported by the stimulus. The report includes all qualifying taxes under W.S. 39-14-204(a)(iv) and half under (a)(iii); the Energy Authority also reports stimulus amounts. By September 1, the Auditor transfers an amount based on those taxes from the General Fund, adjusted for stimulus changes. Transfers first refill the stimulus account to $10 million, then send any remainder to the reserve. These annual transfers stop once the reserve has received a total of $10 million under this law. If no account money has been spent before July 1, 2034, all remaining funds return to the reserve. By November 1 annually, the Energy Authority reports payments and related revenue impacts to legislative interim committees.

Sponsors & Cosponsors

Sponsor

  • null Minerals

    Affiliation unavailable

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 195 • No: 41

Senate vote • 3/5/2025

S Adopted SF0017JC001: 27-4-0-0-0

Yes: 27 • No: 4

House vote • 3/5/2025

H Adopted SF0017JC001: 55-3-4-0-0

Yes: 55 • No: 3

Senate vote • 3/3/2025

S Concur:Failed 12-19-0-0-0

Yes: 12 • No: 19

House vote • 3/3/2025

H 3rd Reading:Passed 55-5-2-0-0

Yes: 55 • No: 5

House vote • 2/25/2025

H02 - Appropriations:Recommend Do Pass 6-1-0-0-0

Yes: 6 • No: 1

House vote • 2/21/2025

H09 - Minerals:Recommend Amend and Do Pass 8-0-1-0-0

Yes: 8 • No: 0

Senate vote • 1/29/2025

S 3rd Reading:Passed 22-9-0-0-0

Yes: 22 • No: 9

Senate vote • 1/24/2025

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

Yes: 5 • No: 0

Senate vote • 1/20/2025

S09 - Minerals:Recommend Amend and Do Pass 5-0-0-0-0

Yes: 5 • No: 0

Actions Timeline

  1. Assigned Chapter Number 137

    3/12/2025
  2. Governor Signed SEA No. 0095

    3/12/2025Governor
  3. H Speaker Signed SEA No. 0095

    3/6/2025House
  4. S President Signed SEA No. 0095

    3/6/2025Senate
  5. Assigned Number SEA No. 0095

    3/5/2025
  6. H Appointed JCC01 Members

    3/3/2025House
  7. S Appointed JCC01 Members

    3/3/2025Senate
  8. S Concur:Failed 12-19-0-0-0

    3/3/2025Senate
  9. S Received for Concurrence

    3/3/2025Senate
  10. H 3rd Reading:Passed 55-5-2-0-0

    3/3/2025House
  11. H 2nd Reading:Passed

    2/28/2025House
  12. H COW:Passed

    2/27/2025House
  13. H Placed on General File

    2/25/2025House
  14. H02 - Appropriations:Recommend Do Pass 6-1-0-0-0

    2/25/2025House
  15. H COW:Rerefer to H02 - Appropriations

    2/24/2025House
  16. H Placed on General File

    2/21/2025House
  17. H09 - Minerals:Recommend Amend and Do Pass 8-0-1-0-0

    2/21/2025House
  18. H Introduced and Referred to H09 - Minerals

    2/13/2025House
  19. H Received for Introduction

    1/30/2025House
  20. S 3rd Reading:Passed 22-9-0-0-0

    1/29/2025Senate
  21. S 2nd Reading:Passed

    1/28/2025Senate
  22. S COW:Passed

    1/27/2025Senate
  23. S Placed on General File

    1/24/2025Senate
  24. S02 - Appropriations:Recommend Do Pass 5-0-0-0-0

    1/24/2025Senate
  25. :Rerefer to S02 - Appropriations

    1/20/2025Senate

Bill Text

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