Bill No.: HB0226 Drafter:
LSO No.: 09LSO-0488 Effective Date: 7/1/2009
Enrolled Act No.: HEA0087
Chapter No.: 157
Prime Sponsor: Representative
Catch Title: State
lands grazing leases.
Subject: Criteria for
state lands grazing leases.
- Modifies the lease renewal
criteria by establishing the minimum fair market value as determined by
the board of land commissioners and a maximum of not more than 120% of the
maximum fair market value as determined by the board of land
commissioners, based on the previous year's values for the state, district
or county, as determined by the national agricultural statistics service
- The private land lease rate
per animal unit for Wyoming grazing leases; or
- The private land irrigated or
nonirrigated cropland lease rates, as applicable, for Wyoming cropland
leased on irrigated or nonirrigated cropland.
- Allows a downward adjustment
of 20% to reasonably reflect the contributions the lessee provides as
part of the grazing or cropland lease.