Plain English Breakdown
The bill did not pass and therefore its provisions are not currently enforceable.
Transfer of State Lands in Grand Teton National Park
This act allows the board of land commissioners to sell a specific parcel of state-owned land known as the Kelly Parcel to the federal government for cash or other methods, with an expiration date.
What This Bill Does
- Allows the board of land commissioners to sell the Kelly Parcel in Grand Teton National Park to the United States or a federal agency.
- Requires that any sale be made for at least $5 million per acre, with proceeds going into the common school account within the permanent land fund.
- Permits the board to explore alternative payment methods such as exchanging parcels of land owned by the federal government, acquiring mineral rights, and increasing federal mineral royalties paid to Wyoming.
- Sets a deadline of December 31, 2025, for any sales or transfers authorized under this act.
Who It Names or Affects
- The board of land commissioners
- Federal agencies purchasing the land
- Schools and educational institutions in Wyoming
Terms To Know
- Kelly Parcel
- A specific piece of land located on Gros Ventre Road, containing approximately 640 acres.
- Permanent Land Fund
- A fund in Wyoming that holds proceeds from the sale or lease of state lands and is used to support education and other public purposes.
Limits and Unknowns
- The bill did not pass during its session.
- Details on alternative payment methods require further legislative approval if chosen.
- Specific conditions for transferring land must be met, including the requirement of at least $5 million per acre in cash sales.