SF0083

Failed

Large energy project funding-legislative approval.

Require legislative approval and establish funding requirements for large energy projects in Wyoming.

Full legal title

AN ACT relating to the administration of the government; creating the large energy project funding program; providing requirements for large energy projects; requiring legislative approval for large energy projects; providing definitions; making conforming amendments; specifying applicability; and providing for an effective date.

Budget Elections Energy

Sponsor:

Co-sponsors: Representative(s) Bear, Heiner, Knapp, Rodriguez-Williams, Strock, Styvar, Senator(s) Boner, Hutchings, Kolb, Pearson

View on wyoleg.gov Introduced Text (PDF)Digest (PDF)Fiscal Note (PDF)

What does this bill do?

Establishes a large energy project funding program requiring legislative approval for state funding of energy projects exceeding $400,000.

Defines key terms including 'large energy project' (energy projects seeking or previously awarded $400,000 or more in state funds), 'energy project' (research, demonstration, or commercial projects related to Wyoming energy needs such as carbon capture, hydrogen, renewables, and critical minerals), 'awarding entity' (state or local governmental entities distributing state funds), and 'state funds' (funds appropriated by the legislature for energy projects). (W.S. 9-25-101)
Requires each awarding entity to report to the joint appropriations committee by November 1 each year on all large energy project awards, including applicant names, recommended award amounts, matching funds information, and amounts expended in the prior fiscal year. (W.S. 9-25-102(a))
Prohibits expenditure of state funds for large energy projects except upon legislative authorization through bill enactment. (W.S. 9-25-102(b))
Allows awarding entities to award up to an additional $200,000 per large energy project without new legislative authorization after initial legislative approval, provided the awarding entity notifies the joint appropriations committee within 30 days of each additional award. (W.S. 9-25-102(b))
Requires subsequent legislative authorization for any award of state funds for a large energy project exceeding the $200,000 additional threshold. (W.S. 9-25-102(b))
Applies the large energy project funding requirements to the State Loan and Investment Board and Wyoming Business Council before awarding, granting, or lending funds for large energy projects. (Section 2, W.S. 9-12-104(c), W.S. 37-5-503(k))
Establishes that the act applies to all large energy projects for which the legislature appropriates state funds on or after July 1, 2025. (Section 3)

Effective: July 1, 2025

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Actions (5)

3/3/2025(Senate)

S:Died in Committee Returned Bill Pursuant to SR 5-4

2/10/2025(Senate)

S No report prior to CoW Cutoff

1/22/2025(Senate)

S Introduced and Referred to S09 - Minerals

1/6/2025(Senate)

S Received for Introduction

1/2/2025(LSO)

Bill Number Assigned