SF0035 • 2006

State assessed property taxation-study.

AN ACT relating to taxation and revenue; creating a task force to study state assessed property as specified; providing for membership; providing study requirements; providing for a report; providing an appropriation; and providing for an effective date. B

Budget Taxes

Enacted

This bill passed the Legislature and reached final enactment based on the latest official action.

Sponsor: Revenue
Last action: 2006-03-24
Official status: enrolled
Effective date: 3/24/2006

Plain English Breakdown

The plain English breakdown is still being put together. The official documents below are already here.

Amendments

These notes stay tied to the official amendment files and metadata from the legislature.

SF0035SS001

Standing Committee • PECK

Adopted

Plain English: Adopted Standing Committee by PECK

This amendment summary is using official source text because generated interpretation was skipped for this run.
The official amendment text was available, but an easy plain-English summary could not be produced automatically during the last sync.

Bill History

2006-03-24 Governor
Governor Signed SEA No. 0033
2006-03-24 LSO
Assigned Chapter Number - 100
2006-03-09 House
H Speaker Signed SEA No. 0033
2006-03-08 Senate
S President Signed SEA No. 0033
2006-03-08 LSO
Assigned Number SEA0033
2006-03-08 House
H Passed 3rd Reading
2006-03-07 House
H Passed 2nd Reading
2006-03-06 House
H Passed CoW
2006-03-03 House
H Placed on General File
2006-03-03 House
H03 Recommended Do Pass
2006-02-27 House
H Introduced and Referred to H03
2006-02-24 House
H Received for Introduction
2006-02-23 Senate
S Passed 3rd Reading
2006-02-22 Senate
S Passed 2nd Reading
2006-02-21 Senate
S Passed CoW
2006-02-21 Senate
Amendment Adopted
2006-02-21 Senate
S Amendments Adopted
2006-02-20 Senate
S Placed on General File
2006-02-20 Senate
S02 Recommended Do Pass
2006-02-16 Senate
S Rereferred to S02
2006-02-16 Senate
S03 Recommended Amend and Do Pass
2006-02-14 Senate
S Introduced and Referred to S03
2006-02-13 Senate
S Received for Introduction
2005-12-27 LSO
Bill Number Assigned

Official Summary Text

SF0035 Bill Summary

Bill
No.:
SF0035

Drafter:

MQ

LSO
No.:

06LSO-0291

Effective Date:

Enrolled
Act No.:

SEA0033

Chapter
No.:

100

Prime
Sponsor:

Joint Revenue Interim Committee

Catch
Title:

State assessed property taxation-study.

Subject:

Creates a
legislative task force to study state assessed property related to the
communications industry.

Summary/Major
Elements:

Creates a legislative task force of 7 members (3
Senate, 4 House) to study the property tax classification of industrial and
commercial property related to the communications industry.

Department of Revenue is to provide necessary
administrative staffing and support of the task force.

The task force is to study the composition of the
current property tax classification of industrial and commercial properties
related to the communications industry and study the department of revenue's
methodology for assessment and valuation of that property.

Comments:

Report
Required Task force is to report its findings to the joint revenue interim
committee not later than December 15, 2006.

Appropriates
$25,000 to the LSO for the expenses of the task force.

Current Bill Text

Read the full stored bill text

WORKING DRAFT

ORIGINAL SENATE

FILE

NO.
0035

ENROLLED ACT NO. 33, SENATE

FIFTY-EIGHTH LEGISLATURE OF THE STATE OF WYOMING
2006 BUDGET SESSION

AN ACT relating to taxation and revenue; creating a task force to study state assessed property related to the communications industry as specified; providing for membership; providing study requirements; providing for a report; providing an appropriation; and providing for an effective date.

Be It Enacted by the Legislature of the State of Wyoming:

Section 1.

(a)

There is created the state assessed property task force to study the property tax classification of industrial and commercial property related to the communications industry. The task force shall consist of seven (7) members as follows:

(i)

Three (3) members of the senate appointed by the president, with two (2) members from the majority party and one (1) member from the minority party;

(ii)

Four (4) members of the house of representatives appointed by the speaker, with three (3) members from the majority party and one (1) member from the minority party.

(b)

At its first meeting, the task force shall elect a chairman to preside over the meetings. The department of revenue shall provide necessary administrative and technical assistance to the task force in carrying out the study authorized by this section.

(c)

The task force shall:

(i)

Study the composition of the current ad valorem tax classification of industrial and commercial properties related to the communications industry, and any proposals for changes;

(ii)

Study the department's methodology for assessment and valuation for state assessed properties related to the communications industry, and any proposals for changes;

(iii)

Determine any impacts that methodologies for valuation and assessment of property may have on competition and on uniformity and any proposals for changes.

(d)

The task force shall report its findings to the governor and the joint revenue interim committee not later than December 15, 2006. The report shall include any recommendations for statutory changes.

Section 2.

There is appropriated from the general fund twenty-five thousand dollars ($25,000.00), or as much thereof as is necessary, to the legislative service office for the purposes of this act.

Section 3.

This act is effective immediately upon co
m
pletion of all acts necessary for a bill to become law as provided by Article 4, Section 8 of the Wyoming Constit
u
tion.

(END)

Speaker of the House

President of the Senate

Governor

TIME APPROVED: _________

DATE APPROVED: _________

I hereby certify that this act originated in the Senate.

Chief Clerk

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