Oil and Gas Bonding Pool Investment
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Bill Summary - 26LSO-0153 Bill No.: HB0005 Effective: 7/1/2026 LSO No.: 26LSO-0153 Enrolled Act No.: HEA No. 0002 Chapter No.: 2 Prime Sponsor: Joint Minerals, Business & Economic Development Interim Committee Catch Title: Oil and gas bonding pool-investment and earnings. Has Report: No Subject: Authorizing investment of bonding-pool funds. Summary/Major Elements: In 2025, the Legislature enacted a law to require the Oil and Gas Conservation Commission to create a bonding pool for oil-and-gas operators to utilize for financial assurance for, among other things, federal bonding requirements. This act requires the State Treasurer to invest funds collected for the bonding pool in accordance with law, and all investment earnings shall be deposited into the Commission's conservation fund. The above summary is not an official publication of the Wyoming Legislature and is not an official statement of legislative intent. While the Legislative Service Office endeavored to provide accurate information in this summary, it should not be relied upon as a comprehensive abstract of the bill.
Public statements
Last checked Aug 5, 1:19 AM
R · S20
Why they voted this way
The lawmaker explains that the bill is necessary because previous legislation failed to direct how the state treasurer should invest funds collected for the oil and gas bonding pool. He supports it as a simple correction ensuring those investments are deposited into the designated account.
If a lawmaker is not listed, we couldn't find a published reason.
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