FEBRUARY 25, 2025|
Photo – Governor signing a document – Bigfoot99 file photo
Governor Mark Gordon signed the first 10 bills from the 2025 session of the Wyoming Legislature into law Monday afternoon.
Among the bills signed into law include:
Senate File 20 Oil and gas bonding-options and bonding pools– provides support for producers in Wyoming’s core oil and gas industry. The bill was developed in response to excessive bonding requirements implemented during the Biden administration that would have devastated many Wyoming oil and gas producers. The bill establishes an account to allow small operators to cover the costs of bonding and eventually the costs of plugging dry or abandoned wells.
House Bill 75 Coal severance tax rate. The bill reduces the coal severance tax rate from 6.5 to 6 percent, bringing it in line with oil and gas severance tax rates.
House Bill 54, also signed yesterday, Chancery court judges-district and circuit court assistance, can help address heavy caseloads in Wyoming’s District and Circuit courts by allowing Wyoming’s Chancery Court judge to hear cases in those courts.
The 2025 legislative session headed down the home stretch. Lawmakers will wrap up their work on March 6.
If necessary, lawmakers will have three more days available if additional time is needed.
