HB 121 imposes a severance tax on hydrogen production in Wyoming, directly affecting companies and entities producing hydrogen within the state. It taxes hydrogen based on its fair market value (similar to natural gas taxation), with a 9% rate for hydrogen produced from water and a 3% rate for hydrogen from other feedstocks like natural gas or biomass. The tax applies to the gross value of hydrogen produced, with exemptions and collection procedures mirroring existing natural gas severance tax rules. The law would take effect for all hydrogen production starting July 1, 2026.
Wyoming's HB 116 prohibits the industrial production of hydrogen by separating water molecules (hydrogen and oxygen atoms) from being considered a "beneficial use" of water under state law. This directly affects companies seeking permits for hydrogen production facilities that rely on molecular water destruction. The bill requires the state engineer to reject such water use applications, with exceptions for wastewater or by-product water use. It applies to all new permit applications filed on or after July 1, 2026, and does not retroactively invalidate existing permits issued before that date.
Wyoming's HB 128 provides a 5-year severance tax exemption for oil and gas operators using certified advanced extraction methods (tertiary production) between July 2026 and July 2031. It directly affects oil and gas producers who implement qualifying projects approved by the Wyoming Oil and Gas Conservation Commission after July 1, 2026. The bill requires annual reports by the Commission and Department detailing production volumes, qualifying operators, wells, and the tax savings from the exemption. This exemption applies specifically to severance taxes under Wyoming law, with reports due each November 1 from 2026 through 2036.
Wyoming's SF 123 creates the Wyoming Energy Dominance Fund, administered by the Wyoming Energy Authority, to support the state's traditional energy industries. The fund receives a portion of severance tax revenues (50% for fiscal years 2027-2028, then 50% for 2029 onward) that would otherwise go to the permanent mineral trust fund or school accounts. It provides grants and loans for projects like coal innovation, natural gas, uranium processing, and pipeline infrastructure - requiring a 1:1 match from non-state funds - but explicitly excludes wind and solar energy projects. The fund aims to bolster Wyoming's energy sector, which supports over 60,000 jobs and generates significant state revenue.
Wyoming's HB 120 creates "industrial sovereign zones" where natural gas producers and manufacturers can transform gas into new products (like hydrogen or ammonia) through substantial chemical changes. It provides tax exemptions for facilities in these zones, fast-track permitting for new manufacturing operations, and establishes a voluntary "gold standard" certification for products with low methane emissions (under 0.2%). The bill directly affects natural gas producers selling to these facilities and manufacturers building new processing plants within designated zones. Key provisions include streamlined licensing, tax breaks for machinery and gas sales, and certification standards to promote Wyoming-made products as distinct from raw fossil fuels.
HB 46 expands Wyoming's existing tax on electricity production from wind resources to also include electricity generated from solar and nuclear facilities. It repeals the separate tax on nuclear electricity and updates the tax rules to cover all three energy sources under a single framework. The tax applies to electricity produced from solar or nuclear resources starting January 1, 2027, and requires producers to report megawatt-hour output annually. This bill directly affects electricity producers using solar or nuclear power in Wyoming, changing how they report and pay taxes on their output.
This bill repeals Wyoming's low-carbon energy standards that required public utilities to meet specific clean energy targets. It removes specific legal requirements from the state code (sections 37-1-101, 37-18-101, and 37-18-102) that previously governed utility operations. The repeal eliminates compliance obligations for utilities under these standards. The Public Service Commission must create new rules to implement this change, effective immediately upon enactment.
Wyoming's SJ 1 is a joint resolution requesting Congress to amend the federal Mineral Leasing Act. It seeks to authorize the state to manage mineral leasing (including oil, gas, and coal) on federal lands within Wyoming, currently overseen by the Bureau of Land Management. The resolution cites declining federal lease sales in Wyoming (e.g., from 122 parcels in 2022 to 8 in 2024) and lengthy regulatory delays as reasons for seeking state control. Wyoming argues this aligns with the 10th Amendment, giving states greater authority over natural resources within their borders. This is a request for federal legislative action, not an enacted law.
Wyoming's HB 5 modifies how oil and gas operators contribute to a bonding pool. It sets a zero assessment rate on oil/gas production from July 2025 through June 2030, after which the commission may impose up to 0.5 mills ($0.0005) per dollar of production value. All collected funds and investment earnings must be deposited into a separate account solely for the bonding pool, not used for other purposes. The bill takes effect July 1, 2026, directly affecting oil and gas operators required to pay bonding assessments in Wyoming.