Bill > HB0120

This bill, titled the Energy Product Reclassification and Sovereignty Act, aims to boost Wyoming's economy by encouraging the production of value-added manufactured products from natural gas. It establishes "industrial sovereign zones," which are designated areas where businesses can process natural gas into new products through "substantial molecular transformation," meaning significant chemical changes that create distinct products like hydrogen or ammonia. County commissioners can nominate areas for these zones, and the Wyoming Energy Authority (the "Authority") will establish them if suitable conditions exist, potentially modifying their boundaries. Businesses operating within these zones will benefit from an expedited permitting process and tax exemptions on machinery used for production. The bill also introduces a voluntary "gold standard" certification for products with very low methane emissions, defined as having a methane intensity of no more than 0.2%. The Authority is tasked with administering these programs and is appropriated $180,000 to implement the act. The bill also prioritizes consideration for an industrial sovereign zone at the Opal natural gas hub if it experiences reduced natural gas prices.

Budget and Finance, Business and Industry

https://www.wyoleg.gov/Legislation/2026/HB0120