Wyoming’s Legislature asks Congress to increase the state’s share of federal mineral royalties and let Wyoming keep a 2% administrative cost deduction.
Wyoming’s Legislature asks Congress to raise the state’s share of federal mineral royalties from 50% to 87.5%. The increase depends on Congress enacting a law.
The resolution also asks Congress to let Wyoming keep the 2% deduction for administrative costs instead of the federal government, if Congress enacts the requested legislation.
The resolution asks Congress to raise Wyoming’s share of federal mineral royalties from 50% to 87.5%. The request covers Wyoming’s share of federal mineral royalties. Congress would need to enact legislation for the requested increase to take effect.
The resolution asks Congress to let Wyoming retain the 2% administrative cost deduction. The deduction is for administrative costs tied to distributing federal mineral royalty revenue under federal formulas. The request would have Wyoming retain the deduction instead of the United States government.
No hearings or votes scheduled.