summary
Introduced
In Committee
Crossed Over
Passed
Dead
02/15/2022
02/15/2022
Introduced Session
2022 General Session
Bill Summary
AN ACT relating to severance tax distributions; increasing the cap on specified severance tax distributions; providing for distribution of the increased amount; revising existing distributions to maintain the same dollar amount of distributions; providing applicability; and providing for an effective date.
AI Summary
This bill increases the cap on specified severance tax distributions from $155 million to $200 million per fiscal year. It revises the distribution percentages to various state funds and accounts, such as decreasing the percentage to the general fund and increasing the percentage to the school foundation program account. The revisions to severance tax distributions apply to mineral production occurring on or after July 1, 2022, and the bill takes effect on July 1, 2022.
Sponsors (0)
No sponsors listed
Other Sponsors (1)
Revenue (Joint)
Last Action
Failed Introduction 31-29-0-0-0 (on 02/15/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.wyoleg.gov/Legislation/2022/HB0036 |
| BillText | https://www.wyoleg.gov/2022/Introduced/HB0036.pdf |
| Fiscal Note | https://www.wyoleg.gov/2022/Fiscal/HB0036.pdf |
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