Grace period-state land lease renewals.

Plain English Breakdown

The official source does not specify what happens if lessees do not renew their leases on time or fail to provide good cause for an extension.

Grace Period for State Land Lease Renewals

This law allows current lessees of state lands to have an extra 30 days after their lease expires to renew it if they show good cause.

What This Bill Does

• Creates a new rule that lets the director of the Office of State Lands and Investments give current lessees more time to renew their leases if they request it in writing and provide good reason.

Who It Names or Affects

• Current lessees of state lands who want to renew their leases.
• The director of the Office of State Lands and Investments, who must grant these extensions if lessees show good cause.

Terms To Know

Lessees

People or companies that rent land from the government.

Grace period

Extra time given to someone after a deadline has passed.

Limits and Unknowns

• The grace period is only available if lessees ask for it in writing and show good cause.
• This law does not specify what happens if lessees do not renew their leases on time or fail to provide good cause.

Official Summary Text

Bill Summary - 24LSO-0069

Bill No.:

HB0010

Effective:

7/1/2024

LSO No.:

24LSO-0069

Enrolled Act No.:

HEA No. 0012

Chapter No.:

13

Prime Sponsor:

Joint Agriculture, State and Public Lands & Water Resources Interim Committee

Catch Title:

Grace period-state land lease renewals.

Has Report:

No

Subject:

Allows current lessees of state lands to have a grace period to submit land lease renewal applications.

Summary/Major Elements:

This bill requires the Director of the Office of State Lands and Investments to allow current lessees of state lands to have thirty (30) additional days past the expiration date of their existing lease to submit an application to renew the lease.

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.

Current Bill Text

24LSO-0069

ORIGINAL House

Bill No
.
HB0010

ENROLLED ACT NO. 12,

HOUSE OF REPRESENTATIVES

SIXTY-SEVENTH LEGISLATURE OF THE STATE OF WYOMING
2024 Budget Session

AN ACT relating to state lands; authorizing the director of the office of state lands and investments to grant state land lessees additional time to renew their leases; and providing for an effective date.

Be It Enacted by the Legislature of the State of Wyoming:

Section 1
.

W.S. 36
‑
5
‑
104 by creating a new subsection (c) is amended to read:

36
‑
5
‑
104.

Time for filing renewal applications; cure process and timeline; conflicting applications; grace period.

(c)

For good cause shown and at the written request of the current lessee, the director shall grant a current lessee thirty (30) additional days past the expiration date of their existing lease to submit an application to renew the lease.

Section 2
.

This act is effective July 1, 2024
.

(END)

Speaker of the House

President of the Senate

Governor

TIME APPROVED: _________

DATE APPROVED: _________

I hereby certify that this act originated in the House.

Chief Clerk

1