Wind energy production tax.

2018
STATE OF WYOMING
18LSO-0292
Numbered
1.3

HOUSE BILL

NO.
HB0104

Wind energy production tax.

Sponsored by:
Representative(s) Madden and Blackburn and Senator(s) Case

A BILL

for

AN ACT relating to the tax on production of energy from wind resources; increasing the tax rate; providing for distribution of the tax; repealing an exemption; providing applicability; and providing for an effective date.

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

Section 1
.

W.S. 39
‑
22
‑
104, 39
‑
22
‑
111(a)(intro) and by creating a new subsection (b) are amended to read:

39
‑
22
‑
104
.

Taxation rate.

(a)

The tax rate shall be

as follows:

(
i
)

O
ne dollar ($1.00) on each megawatt hour, or portion thereof, which is produced in this state
;
.

and

(ii)

In addition to the tax under paragraph (
i
) of this subsection, three dollars ($3.00) on each megawatt hour, or portion thereof, which is produced in this state.

39
‑
22
‑
111
.

Distribution.

(a)

The proceeds from the tax imposed
by this chapter

under W.S. 39
‑
22
‑
104(a)(
i
)
shall be distributed by the department as follows:

(b)

Seventy
‑
five percent (75%) of the proceeds from the tax imposed under W.S. 39
‑
22
‑
104(a)(ii) shall be deposited in the state general fund and the remaining twenty
‑
five percent (25%) of the proceeds shall be deposited in the permanent Wyoming mineral trust fund, with receipt and acknowledgement submitted to the state treasurer.

Section 2
.

W.S. 39
‑
22
‑
105(b) is repealed.

Section 3
.

The three (3) year tax exemption provided in W.S. 39
‑
22
‑
105(b) as repealed by section 2 of this act shall apply as provided in that subsection to any turbine that first produced electricity for sale prior to the effective date of this act.

Sectio
n 4
.

This act is effective July 1, 201
8
.

(END)

1
HB0104