HB0003 • 2023

State assessment of independent power producers.

AN ACT relating to ad valorem taxation; clarifying that the state is responsible for the valuation and assessment of independent power producer property; requiring the release of information to the county assessor; providing for confidentiality of the valuation and assessment of independent power producer property; requiring an agreement for disclosure; and providing for an effective date.

Taxes

Did Not Pass

The latest official action shows that this bill did not move forward in that session.

Sponsor: Corporations
Last action: 2023-02-27
Official status: inactive
Effective date: 3/1/2023

Plain English Breakdown

The candidate explanation included a claim about requiring an agreement for confidentiality that is not supported by the official source material.

State Assessment of Independent Power Producers

The bill clarifies that the state will value and assess independent power producer property for taxation purposes.

What This Bill Does

Clarifies that the state is responsible for valuing and assessing independent power producers' property.
Requires the state to provide information about these assessments to county assessors upon request.
Establishes confidentiality rules for the information related to these assessments.

Who It Names or Affects

Independent power producers
State departments responsible for property valuation
County assessors

Terms To Know

ad valorem taxation: A type of tax based on the assessed value of a property.
independent power producer: An entity that generates electricity and sells it to utilities or directly to customers, often under long-term contracts.

Limits and Unknowns

The bill did not pass in the session.
It specifies an effective date of January 1, 2024, but this was not enacted as the bill did not pass.

Amendments

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

HB0003H3001

3rd reading • Representative Davis

Corrected, Withdrawn

Plain English: The amendment modifies a bill about property valuation for independent power producers by changing how information is reviewed and requiring that certain details be shared with county assessors before assessments are finalized.

Removes the requirement for a written request to access information.
Adds language requiring agreement on the review of information.
Specifies that information must be provided to the county assessor before the tax assessment is given to the independent power producer.

The amendment text does not provide full details about what specific information needs to be reviewed and agreed upon, which limits a complete understanding of its impact.

HB0003HW001

Committee of the Whole • Representative Zwonitzer, Dn

Failed

Plain English: The amendment changes the bill to specify that a new section applies only to property tax valuations starting from January 1, 2023.

Adds a new section specifying applicability of certain provisions for property tax valuations beginning on January 1, 2023.
Updates the numbering by changing 'Section 2.' to 'Section 3.' after the insertion.

The amendment text does not provide details about what specific sections or provisions are being made applicable from January 1, 2023.

HB0003HS001

Standing Committee • House Corporations, Elections & Political Subdivis

Adopted

Plain English: The amendment changes the effective date of HB0003 to January 1, 2024.

Changes the effective date of the bill from its original unspecified date to January 1, 2024.

Bill History

2023-02-27 Senate
S COW:S Did not consider for COW
2023-02-06 Senate
S Placed on General File
2023-02-06 Senate
S02 - Appropriations:Recommend Do Pass 3-2-0-0-0
2023-01-31 Senate
S Introduced and Referred to S02 - Appropriations
2023-01-19 Senate
S Received for Introduction
2023-01-19 House
H 3rd Reading:Passed 53-7-2-0-0
2023-01-18 House
H 2nd Reading:Passed
2023-01-17 House
H COW:Passed
2023-01-16 House
H Placed on General File
2023-01-16 House
H07 - Corporations:Recommend Amend and Do Pass 9-0-0-0-0
2023-01-11 House
H Introduced and Referred to H07 - Corporations
2023-01-06 House
H Received for Introduction
2022-11-30 LSO
Bill Number Assigned

Current Bill Text

Read the full stored bill text

23LSO-0127
2023
STATE OF WYOMING
23LSO-0127
ENGROSSED
3.0

HOUSE BILL NO. HB0003

State assessment of independent power producers.

Sponsored by: Joint Corporations, Elections & Political Subdivisions Interim Committee

A BILL

for

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

Section 1.

W.S. 39
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13
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102(m) by creating a new paragraph (xi) and by creating a new subsection (r) is amended to read:

39
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13
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102.

Administration; confidentiality.

(m)

The department shall annually value and assess the following property at its fair market value for taxation:

(xi)

Property of independent power producers operating facilities for the generation or transmission of electricity for wholesale.

(r)

The department shall upon written request provide information related to the valuation and assessment of property under W.S. 39
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13
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102(m)(xi) to the county assessor of the county where the property is located for the purpose of reviewing the valuation or information used in the valuation. All information provided under this subsection shall be confidential and no current or former official, officer, employee or agent of the state of Wyoming or any political subdivision thereof, including the county assessor, shall disclose any information obtained under this subsection. Any person receiving information under this subsection shall sign an agreement with the department to keep the information confidential.

Section 2
.

This act is effective January 1, 2024.

(END)

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HB0003