Wyoming legislation · 2026 Budget Session
Wyoming HB128: Enhanced oil recovery-severance tax exemption.
Status: Signed into law, March 6, 2026
AN ACT relating to taxation and revenue; providing a severance tax exemption for tertiary oil production as specified; requiring reports; and providing for an effective date.
What the bill says
An act relating to taxation and revenue; providing a severance tax exemption for tertiary oil production as specified; requiring reports; and providing for an effective date.
From the enrolled text, March 2, 2026:
AN ACT relating to taxation and revenue; providing a severance tax exemption for tertiary oil production as specified; requiring reports; and providing for an effective date. Section 1. W.S. 39-14-205 by creating a new subsection (q) is amended to read: 39-14-205. Exemptions. (q) Tertiary production resulting from projects certified by the Wyoming oil and gas conservation commission after July 1, 2026 and before July 1, 2031 is exempt from the severance taxes imposed by W.S. 39-14-204(a)(iii) for a period of five (5) years from the date of first tertiary production. Not later than November 1, 2026 and each November 1 thereafter until November 1, 2036, the oil and gas conservation commission and the department shall report on the tertiary production qualifying for the exemption under this subsection. The report shall include the amount of production, the number of operators qualifying for the exemption, the number of wells, the amount of severance taxes paid on that production, the amount of severance taxes exempted under this subsection and the ad valorem and sales taxes paid in connection with that production. ORIGINAL HOUSE ENGROSSED BILL NO. HB0128 ENROLLED ACT NO. 18, HOUSE OF REPRESENTATIVES SIXTY-EIGHTH LEGISLATURE OF THE STATE OF WYOMING 2026 BUDGET SESSION Section 2. This act is effective July 1, 2026. (END) Speaker of the House President of the Senate Governor …
Sponsors
- Kevin Campbell (R, H62)
- Davis, Bob (R, H47)
- Larson, JT (I)
- Tarver, Reuben (R, H52) · primary sponsor
- Cooper, Ed (R, S20)
- Kolb, John (R, S12)
Latest actions
- : Assigned Chapter Number 46
- : Governor Signed HEA No. 0018
- : S President Signed HEA No. 0018
- : H Speaker Signed HEA No. 0018
- : Assigned Number HEA No. 0018
- : H Concur:Passed 59-0-3-0-0
- : H Received for Concurrence
- : S 3rd Reading:Passed 30-1-0-0-0
- : S 2nd Reading:Passed
- : S COW:Passed
Votes
- S 3rd Reading:Passed 30-1-0-0-0 (March 2, 2026): 30 yea, 1 nay, passed
- H Concur:Passed 59-0-3-0-0 (March 2, 2026): 59 yea, 0 nay, passed
- S09 - Minerals:Recommend Amend and Do Pass 5-0-0-0-0 (February 25, 2026): 5 yea, 0 nay, passed
- H 3rd Reading:Passed 60-1-1-0-0 (February 21, 2026): 60 yea, 1 nay, passed
- H09 - Minerals:Recommend Do Pass 9-0-0-0-0 (February 19, 2026): 9 yea, 0 nay, passed
- H Introduced and Referred to H09 - Minerals 58-3-1-0-0 (February 11, 2026): 58 yea, 3 nay, passed
Subjects: Enhanced oil recovery-severance tax exemption.
Common questions
- What is HB128?
- HB128 is a bill in the Wyoming Legislature (2026 Budget Session): Enhanced oil recovery-severance tax exemption.
- What does HB128 do?
- In its own words: An act relating to taxation and revenue; providing a severance tax exemption for tertiary oil production as specified; requiring reports; and providing for an effective date.
- What is the status of HB128?
- Signed into law as of March 6, 2026. Latest action: Assigned Chapter Number 46 (March 6, 2026).
- Who sponsored HB128?
- Tarver, Reuben (R, H52), with 5 co-sponsors.
- Where is the official record for HB128?
- On the Wyoming Legislature website: https://wyoleg.gov/Legislation/2026/HB0128
Source: official Wyoming record. Tracked by Delilah, AI for legislation across all 50 states and Congress.