Bill > SF0083

This bill establishes a new framework for Large Energy Project Funding in Wyoming, requiring legislative oversight and approval for energy projects receiving $400,000 or more in state funds. The bill defines "large energy projects" broadly to include various energy-related initiatives such as carbon capture, hydrogen production, critical minerals processing, renewable energy, and more. Under the new law, governmental entities must report to the Joint Appropriations Committee by November 1st each year, detailing project applicants, recommended funding amounts, matching funds, and previous year expenditures. Critically, state funds cannot be expended for large energy projects without legislative authorization, with a provision allowing awarding entities to provide up to an additional $200,000 beyond initial authorization, provided they notify the committee within 30 days. The bill also amends existing statutes to ensure compliance with these new reporting and authorization requirements, and will apply to all large energy projects with state funding appropriated on or after July 1, 2025. This legislation aims to enhance transparency and legislative control over significant state investments in energy projects.

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https://www.wyoleg.gov/Legislation/2025/SF0083