Now the question becomes how far the Legislature should and will go to protect Wyoming against upheaval in its longtime king industries — oil, gas and coal.
Lawyers, academics and coal bankruptcy veterans see red flags as new coal operators entered the state, they said Friday at a UW School of Law conference.
A new legislative committee advanced several bills to protect county and state taxes from bankruptcies, safeguard the rights of Wyoming workers.
Priorities for the new panel include securing unpaid taxes, enabling attorney general to assist counties in bankruptcy court and stopping companies from ditching their obligations to workers.
Coal companies are maneuvering in bankruptcy courts not to pay taxes, and state officials’ pattern of failing to help Campbell County collect makes it easy.