Wyoming HB 104: Severance tax on coal.

Bill Text

2017 STATE OF WYOMING
17LSO-0327

1 HB0104

HOUSE BILL NO. HB0104

Severance tax on coal.

Sponsored by: Representative(s) Hallinan, Biteman, Clem,
Edwards and Halverson

A BILL

for

AN ACT relating to coal taxation; reducing the severance 1
tax rate for coal as specified; conforming related tax 2
distribution provisions; and providing applicability; 3
providing for an effective date. 4
5
Be It Enacted by the Legislature of the State of Wyoming: 6
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Section 1. W.S. 39-14-104(a)(intro) and 39-14-111(a) 8
are amended to read: 9
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39-14-104. Tax rate. 11
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(a) The total severance tax rate for surface coal 13
shall be seven percent (7%) six percent (6%). This rate 14
comprises one and one-half percent (1.5%) imposed by 15

2017 STATE OF WYOMING 17LSO-0327

2 HB0104

Wyoming constitution article 15, section 19, and five and 1
one-half percent (5.5%) four and one-half percent (4.5%) 2
imposed statutorily. The tax shall be distributed as 3
provided in W.S. 39-14-111 and is imposed as follows: 4
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39-14-111. Distribution. 6
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(a) As provided by W.S. 39-14-104(a), the total 8
severance tax rate for surface coal shall be seven percent 9
(7%) six percent (6%). As provided by W.S. 39-14-104(b), 10
the total severance tax rate for underground coal shall be 11
three and three-quarters percent (3.75%). A one and 12
one-half percent (1.5%) tax imposed by W.S. 39-14-104(a)(i) 13
and a one and one-half percent (1.5%) tax imposed by W.S. 14
39-14-104(b)(i) shall be deposited into the permanent 15
Wyoming mineral trust fund. All other taxes imposed by W.S. 16
39-14-104(a) and (b) shall be deposited into the severance 17
tax distribution account. 18
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Section 2. W.S. 39-14-104(a)(v) is repealed. 20
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Section 3. This act shall apply to coal produced on 22
or after July 1, 2017. 23

2017 STATE OF WYOMING 17LSO-0327

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1
Section 4. This act is effective July 1, 2017. 2
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(END) 4