HB0038
Ad Valorem Taxation - Penalty Payment and Credit
In one sentence
This law changes how penalties for not filing certain tax statements on time are handled, directing them to be credited to the public school fund of the county where the violation occurred.
What it does
- Changes the way penalties for failing to file specific property tax statements are paid and credited.
- Specifies that these penalties will now go into the public school fund in the county where the failure to file happened, instead of a state account.
Who it affects
- People and businesses who fail to file property tax statements on time will face new penalty rules.
- Counties' public school funds will receive penalties collected from late filers.
Limits and unknowns
- The bill does not specify how penalties will be used once they are credited to the county's public school fund.
- It is unclear if there are any exceptions or additional details about waiving penalties that were not included in this summary.
Plain language
Terms to know
- Ad valorem taxation
- A type of tax based on the value of property or goods.
- Penalties
- Fines imposed for not following rules, like filing taxes late.
Official record
Sources
Read the official summary
Bill Summary - 25LSO-0105 Bill No.: HB0038 Effective: Immediately LSO No.: 25LSO-0105 Enrolled Act No.: HEA No. 0023 Chapter No.: 16 Prime Sponsor: Joint Revenue Interim Committee Catch Title: Ad valorem taxation-payment and credit of penalties. Has Report: No Subject: Credit of penalties for failure to file tax statements. Summary/Major Elements: Under current law the penalty for failure to file certain tax statements related to property taxes is paid to the school foundation program account. This bill specifies that penalties paid for failure to file tax statements will be credited to the public school fund of the county in which the violation occurred. 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
Why lawmakers voted
Last checked Aug 11, 6:25 PM
Wyoming roll calls
Recorded votes
4 roll calls
S 3rd Reading:Passed 31-0-0-0-02025-02-21 · Senate31 yes 0 no
- Yes
- 31
- No
- 0
- Absent
- 0
- Excused
- 0
- Conflict
- 0
Yes 31
S03 - Revenue:Recommend Do Pass 5-0-0-0-02025-02-18 · Senate5 yes 0 no
- Yes
- 5
- No
- 0
- Absent
- 0
- Excused
- 0
- Conflict
- 0
H 3rd Reading:Passed 60-1-1-0-02025-01-27 · House60 yes 1 no
- Yes
- 60
- No
- 1
- Absent
- 0
- Excused
- 1
- Conflict
- 0
Yes 60
Excused 1
H03 - Revenue:Recommend Do Pass 8-0-1-0-02025-01-21 · House8 yes 0 no
- Yes
- 8
- No
- 0
- Absent
- 0
- Excused
- 1
- Conflict
- 0
Official activity
Bill history
- Assigned Chapter Number 16LSO
- Governor Signed HEA No. 0023 Governor
- S President Signed HEA No. 0023Senate
- H Speaker Signed HEA No. 0023House
- Assigned Number HEA No. 0023LSO
- S 3rd Reading:Passed 31-0-0-0-0Senate
- S 2nd Reading:PassedSenate
- S COW:PassedSenate
- S Placed on General FileSenate
- S03 - Revenue:Recommend Do Pass 5-0-0-0-0Senate
- S Introduced and Referred to S03 - RevenueSenate
- S Received for IntroductionSenate
- H 3rd Reading:Passed 60-1-1-0-0House
- H 2nd Reading:PassedHouse
- H COW:PassedHouse
- H Placed on General FileHouse
- H03 - Revenue:Recommend Do Pass 8-0-1-0-0House
- H Introduced and Referred to H03 - RevenueHouse
- H Received for IntroductionHouse
- Bill Number AssignedLSO