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Wyoming2005Enacted

SF0025

Permanent Mineral Trust Fund Deposits

Last scannedOct 18, 2026, 2:19 AM

In one sentence

This law requires the state to deposit two-thirds of specific severance taxes into the permanent Wyoming mineral trust fund before making other distributions.

What it does

  • Requires the state to deposit two-thirds of the severance tax collected on surface coal, underground coal, and oil and gas into the permanent Wyoming mineral trust fund.
  • Specifies that this deposit must happen before the state makes distributions from the severance tax distribution account to other funds.
  • States that this deposit is in addition to the 1.5% severance tax required by the Wyoming Constitution.
  • Makes changes to other state laws to match these new deposit rules.
  • Sets the effective date of the law as July 1, 2005.

Who it affects

  • The state of Wyoming, specifically regarding how it handles severance tax revenue.
  • The permanent Wyoming mineral trust fund, which receives the new deposits.
  • State and local funds that receive distributions from the severance tax distribution account.

Limits and unknowns

  • The source material does not specify the total dollar amount of the taxes collected, only the percentage required for deposit.
  • The source material does not explain how the funds in the trust fund are spent after they are deposited.

Plain language

Terms to know

Severance tax
A tax collected by the state on the extraction of natural resources like coal and oil.
Permanent Wyoming mineral trust fund
A state fund that holds money from mineral taxes.
Conforming amendments
Changes made to other laws so they match the new rules in this bill.

Official record

Sources

Source checked
Read the official summary

2005 General Session Summary for SF0025 Bill No.: SF0025 Drafter: MRW LSO No.: 05LSO-0242 Effective Date: 7/1/2005 Enrolled Act No.: SEA0058 Chapter No.: 80 Prime Sponsor: Senator Schiffer Catch Title: Permanent mineral trust fund deposits. Subject: Modifying the permanent mineral trust fund deposits. Summary/Major Elements: Provides for 2/3 of the amount of severance tax collected under 39-14-104(a)(i) (1.5%) (surface coal), 39-14-104(b)(i) (1.5%) (underground coal) and 39-14-204(a)(i) (1.5%) (oil and gas) to be deposited to the permanent mineral trust fund. This amount is in addition to the constitutionally required 1.5% severance tax required under Article 15, Section 19 of the Wyoming Constitution. Makes conforming statute changes.

Public statements

Why lawmakers voted

Last checked Aug 8, 9:30 AM

Voted Yes

Why they voted this way

The lawmaker opposes a death benefit amendment for National Guard members because it pays significantly more than what regular Army, Navy, or Air Force personnel receive.

Public statementFloor statement at 2:12:55 Watch the statement
Voted No

Why they voted this way

The lawmaker supports an amendment regarding an audit of educational services at the Wyoming Girls School because that population is important to include in state-wide reviews.

Public statementFloor statement at 2:21:32 Watch the statement

If a lawmaker is not listed, we couldn't find a published reason.

Wyoming roll calls

Recorded votes

6 roll calls

H Reconsidered 39-19-0-0-2; Passed 3rd Reading 39-19-2-0-02005-02-22 · House39 yes 19 no
H Reconsidered 35-23-2-0-02005-02-22 · House35 yes 23 no
H Failed 3rd Reading 30-28-2-0-02005-02-22 · House30 yes 28 no
H02 Recommended Do Pass 6-1-1-0-02005-02-16 · House6 yes 1 no
S Passed 3rd Reading 20-10-0-0-02005-01-28 · Senate20 yes 10 no
S02 Recommended Do Pass 5-0-0-0-02005-01-21 · Senate5 yes 0 no

Official activity

Bill history

  1. Assigned Chapter Number - 80LSO
  2. Governor Signed SEA0058Governor
  3. H Speaker Signed SEA No. 0058House
  4. S President Signed SEA No. 0058Senate
  5. Assigned Number SEA0058LSO
  6. H Reconsidered 39-19-0-0-2; Passed 3rd ReadingHouse
  7. H ReconsideredHouse
  8. H Failed 3rd ReadingHouse
  9. H Passed 2nd ReadingHouse
  10. Amendment FailedHouse
  11. H Passed CoWHouse
  12. H Placed on General FileHouse
  13. H02 Recommended Do PassHouse
  14. H Introduced and Referred to H02House
  15. H Received for IntroductionHouse
  16. S Passed 3rd ReadingSenate
  17. S Passed 2nd ReadingSenate
  18. S Passed CoWSenate
  19. S Placed on General FileSenate
  20. S02 Recommended Do PassSenate

Changes

Amendments

1 stored

SF0025H2001

Failed 2nd reading by BROWN