Coal Tax Break for Exports
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Official record
Bill Summary - 20LSO-0129 Bill No.: HB0231 Effective: Multiple Dates LSO No.: 20LSO-0129 Enrolled Act No.: HEA No. 0088 Chapter No.: 139 Prime Sponsor: Nicholas Catch Title: Coal severance tax exemption-Canadian and Mexican ports. Subject: Coal severance tax exemption for coal shipped internationally from Canadian and Mexican ports. Summary/Major Elements: The bill creates a three percent (3%) severance tax exemption for surface coal shipped to international markets using coal export terminals located in Canada or Mexico. The exemption is repealed effective July 1, 2030 or upon the export, in any calendar year, through United States coal export terminals to international markets of a combined ten million (10,000,000) tons of surface coal, whichever is sooner. The above summary is not an official publication of the Wyoming Legislature and is not an official statement of legislative intent. While the Legislative Service Office endeavored to provide accurate information in this summary, it should not be relied upon as a comprehensive abstract of the bill.
Public statements
Last checked Aug 6, 3:47 PM
R · H08
Why they voted this way
The lawmaker supports the bill because it includes a time limit and an exemption threshold of 10 million tons, which would indicate that U.S. ports are open and conditions have improved.
If a lawmaker is not listed, we couldn't find a published reason.
Wyoming roll calls
6 roll calls
Official activity
Changes
2 stored
The amendment changes how coal severance taxes are distributed, adding a new section that specifies where certain percentages of these taxes should go.
The amendment changes the date when a severance tax exemption for surface coal exported outside North America ends from January 1, 2030, to either that date or when ten million tons of such coal are exported through U.S. terminals, whichever happens first.