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WY SF0105

WY SF0105
An Act to Preserve State Territorial Sovereignty.


summary

Introduced
01/29/2025
In Committee
02/06/2025
Crossed Over
Passed
Dead
02/10/2025

Introduced Session

2025 General Session

Bill Summary

AN ACT relating to property, conveyances and security transactions; prohibiting persons from selling or transferring real property to the federal government as specified; providing the manner by which a person may sell or transfer real property to the federal government; providing a civil penalty for failing to timely submit information to the legislature; providing definitions; specifying applicability; requiring rulemaking; and providing for an effective date.

AI Summary

This bill establishes new restrictions on selling or transferring real property to the federal government in Wyoming, requiring legislative approval before any such transaction can occur. Specifically, property owners must submit a notice of intent to the legislative service office, including evidence that the federal government's acquisition would be based on a constitutional power like eminent domain. If a person sells property to the federal government without first obtaining legislative consent, they will be liable for a civil penalty equal to the net proceeds of the sale. The Wyoming legislature or its management council must approve or reject the notice within ten days, with a failure to respond resulting in an automatic rejection. The bill defines "real property" broadly to include not just land, but also leasehold interests, easements, mineral rights, and other property interests. The new regulations will take effect on July 1, 2025, and apply to all property sale notices entered into on or after that date, with the legislature and management council required to adopt rules to implement the act. The overall intent appears to be preserving state control over land transactions with the federal government and ensuring legislative oversight of such transfers.

Committee Categories

Agriculture and Natural Resources

Sponsors (11)

Last Action

COW:S Did not consider for COW (on 02/10/2025)

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