HJ 2 — Federal mineral royalties-state share.

STATEORIGINAL OF W YOMING 26LSO-0166 HOUSE ENGROSSED JOINT RESOLUTIONRESOLUTION. NO.

HJ0002 FederalENROLLED mineralJOINT royalties-stateRESOLUTION share.NO.

Sponsored1, by:HOUSE OF REPRESENTATIVES SIXTY-EIGHTH LEGISLATURE OF THE STATE OF WYOMING BUDGET SESSION A JOINT RESOLUTION requesting Congress to introduce a bill and enact law to increase the state of Wyoming's share of federal mineral royalties from fifty percent (50%) to eighty- seven and one-half percent (87.5%).

SelectWHEREAS, Federalin NaturalWyoming, Resourceapproximately Managementforty-six Committeepercent A(46%) JOINTof RESOLUTIONthe forsurface Aland JOINTarea RESOLUTIONand requestingmore Congressthan tosixty-nine introducepercent a(69%) billof andthe enactsubsurface lawresources toof increase the state of Wyoming'sWyoming shareare ofowned federalby mineralthe royaltiesfederal fromgovernment; fifty percent (50%) to eighty- seven and one-half percent (87.5%).

6and WHEREAS, inunder Wyoming,the approximatelyfederal forty-sixMineral Leasing Act, fifty percent (46%)(50%) of theall surfacemoney landreceived areafrom sales, bonuses, royalties and rentals from federal mineral leasing is owneddistributed byto the federalstates government;where the lands or deposits are located, excluding Alaska;

and 9 WHEREAS, under the federal Mineral Leasing Act, fiftyAlaska receives ninety percent (50%)(90%) of all money received from sales, bonuses, royalties and rentals from federal mineral leasingleasing; is distributed to the states where the lands or deposits are located, excluding Alaska;

and 1 HJ0002 STATE OFWYOMING 26LSO-0166 WHEREAS, underin thefiscal federalyear Mineral2024, LeasingWyoming Act,received Alaskafive receiveshundred ninety percentmillion (90%)nine ofhundred alltwenty moneythousand receivednine fromhundred sales,seventy-one bonuses,dollars royalties($590,920,971.00) andin rentals from federal mineral leasing;royalties;

and 6 WHEREAS, in fiscal year 2024, Wyoming received five hundred ninety million nine hundred twenty thousand nine hundred seventy-one dollars ($590,920,971.00) in federal mineral royalties;

and WHEREAS,ORIGINAL theHOUSE reductionENGROSSED inJOINT theRESOLUTION. federal mineral royalty rate on oil and gas leasing on federal lands is estimated to reduce Wyoming's state share of federal mineral royalties by approximately six hundred thousand dollars ($600,000.00) in HJ0002 STATE OFWYOMING 26LSO-0166 fiscal year 2026, increasing annually to approximately four million dollars ($4,000,000.00) in fiscal year 2030;

andHJ0002 4ENROLLED WHEREAS,JOINT theRESOLUTION OneNO. Big Beautiful Bill Act reduces the federal mineral royalty rate for coal leasing on federal lands from twelve and one-half percent (12.5) to seven percent (7%);

and1, 8HOUSE OF REPRESENTATIVES SIXTY-EIGHTH LEGISLATURE OF THE STATE OF WYOMING BUDGET SESSION WHEREAS, the reduction in the federal mineral royalty rate on coaloil and gas leasing on federal lands is estimated to reduce Wyoming's state share of federal mineral royalties by approximately fiftysix millionhundred thousand dollars ($50,000,000.00)($600,000.00) in fiscal year 2026, increasing annually untilto 2034;approximately four million dollars ($4,000,000.00) in fiscal year 2030;

and WHEREAS, the One Big Beautiful Bill Act reduces the federal mineral royalty rate for coal leasing on federal lands from twelve and one-half percent (12.5) to seven percent (7%);

and WHEREAS, the reduction in the federal mineral royalty rate on coal leasing on federal lands is estimated to reduce Wyoming's state share of federal mineral royalties by approximately fifty million dollars ($50,000,000.00) annually until 2034;

3 HJ0002 STATE OFWYOMING 26LSO-0166 NOW, THEREFORE, BE IT RESOLVED BY THE MEMBERS OF THE LEGISLATURE OF THE STATE OF WYOMING:

4 Section 1.

(a) That the Wyoming Legislature requests that Congress introduce and enact legislation thatthat: will increase the state of Wyoming's share of federal mineral royalties from fifty percent (50%) to eighty-seven and one-half percent (87.5%).

SectionORIGINAL 2.HOUSE ENGROSSED JOINT RESOLUTION.

HJ0002 ENROLLED JOINT RESOLUTION NO.

1, HOUSE OF REPRESENTATIVES SIXTY-EIGHTH LEGISLATURE OF THE STATE OF WYOMING BUDGET SESSION (i) Will increase the state of Wyoming's share of federal mineral royalties from fifty percent (50%) to eighty- seven and one-half percent (87.5%);

(ii) Will provide for revenue distribution consistent with federal statutory formulas, provided that the two percent (2%) administrative cost deduction authorized under 30 U.S.C.

§ 191(b) shall be allocated to and retained by the state of Wyoming in lieu of retention by the United States government.

ORIGINAL HOUSE ENGROSSED JOINT RESOLUTION.

HJ0002 ENROLLED JOINT RESOLUTION NO.

1, HOUSE OF REPRESENTATIVES SIXTY-EIGHTH LEGISLATURE OF THE STATE OF WYOMING BUDGET SESSION Section 2.

(END) HJ0002Speaker of the House President of the Senate Governor TIME APPROVED:

_________ DATE APPROVED:

_________ I hereby certify that this act originated in the House.

Chief Clerk 4