Wyoming expects to collect $50 million less each year from coal mined on federal lands after President Donald Trump’s signature legislation lowered royalty rates.
That’s the official estimate from the state’s Consensus Revenue Estimating Group, which produces fiscal forecasts lawmakers use to write the state budget.
The findings, first reported by WyoFile, offer an early indication of how Trump’s domestic policy law will affect state budgets. Wyoming is one of the biggest recipients of federal royalty payments — especially for coal.
Trump’s One Big Beautiful Bill Act lowered the federal mineral royalty rate on new and existing coal leases to 7 percent from 12.5 percent. It also lowered onshore oil and gas royalties to 12.5 percent from 16.67, though only for new production.