| Old | New | Differences | |
|---|---|---|---|
| 1 | 1 | 2025 | |
| 2 | 2 | STATE OF WYOMING | |
| 3 | 3 | 25LSO-02581HB0029 | |
| 4 | 4 | HOUSE BILL NO. HB0029 | |
| 5 | 5 | Severance tax distribution-highway fund. | |
| 6 | 6 | Sponsored by: Joint Transportation, Highways & Military | |
| 7 | 7 | Affairs Interim Committee | |
| 8 | 8 | A BILL | |
| 9 | 9 | for | |
| 10 | 10 | 1 AN ACT relating to taxation and revenue; changing the | |
| 11 | 11 | 2 distribution of severance tax to the highway fund; | |
| 12 | 12 | 3 repealing a provision allowing for the distribution of | |
| 13 | 13 | 4 severance tax in the general appropriations bill; and | |
| 14 | 14 | 5 providing for an effective date. | |
| 15 | 15 | 6 | |
| 16 | 16 | 7 | |
| 17 | 17 | 8 | |
| 18 | 18 | 9W.S. 39-14-801(b)(v) and by creating a new | |
| 19 | 19 | 10 paragraph (vii) is amended to read: | |
| 20 | 20 | 11 | |
| 21 | 21 | 12 | |
| 22 | 22 | 13 | |
| 23 | 23 | 14 2025STATE OF WYOMING25LSO-02582HB00291 (b) Before making distributions from the severance | |
| 24 | 24 | 2 tax distribution account under subsections (c) through (e) | |
| 25 | 25 | 3 of this section, an amount equal to two-thirds (2/3) of the | |
| 26 | 26 | 4 amount of tax collected under W.S. 39-14-104(a)(i) and | |
| 27 | 27 | 5 (b)(i) and 39-14-204(a)(i) for the same period shall be | |
| 28 | 28 | 6 deposited as follows: | |
| 29 | 29 | 7 | |
| 30 | 30 | 8 (v) For fiscal year | |
| 31 | 31 | 9 these funds shall be deposited equally to the | |
| 32 | 32 | 10 permanent Wyoming mineral trust fund and to the common | |
| 33 | 33 | 11 school account within the permanent land fund; | |
| 34 | 34 | 12 | |
| 35 | 35 | 13 | |
| 36 | 36 | 14 | |
| 37 | 37 | 15 | |
| 38 | 38 | 16W.S. 39-14-801(b)(vi) and (f) is repealed. | |
| 39 | 39 | 17 | |
| 40 | 40 | 18This act is effective July 1, 2025. | |
| 41 | 41 | 19 | |
| 42 | 42 | 20 (END) |