Wyoming HB0061 amends state land lease renewal preferences for non-violating, current leaseholders.

Wyoming HB0061 modifies state land lease renewal preferences, ensuring that leaseholders who have paid their rental, are not in violation of their lease, and meet qualification criteria under W.S. 36-5-101 have a preferred right to renew their lease. This preference applies when their bid meets or exceeds the minimum fair market value and does not exceed 120% of the maximum fair market value, as determined by the board. The act becomes effective immediately upon enactment.

Wyoming HB0061 amends state land lease renewal preferences for non-violating, current leaseholders.

Wyoming HB0061 modifies state land lease renewal preferences, ensuring that leaseholders who have paid their rental, are not in violation of their lease, and meet qualification criteria under W.S. 36-5-101 have a preferred right to renew their lease. This preference applies when their bid meets or exceeds the minimum fair market value and does not exceed 120% of the maximum fair market value, as determined by the board. The act becomes effective immediately upon enactment.