| 1 | 1 | | 2025 |
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| 2 | 2 | | STATE OF WYOMING |
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| 3 | 3 | | 25LSO-00431SF0018 |
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| 4 | 4 | | SENATE FILE NO. SF0018 |
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| 5 | 5 | | Enhanced oil recovery-severance tax exemption. |
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| 6 | 6 | | Sponsored by: Joint Minerals, Business & Economic |
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| 7 | 7 | | Development Interim Committee |
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| 8 | 8 | | A BILL |
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| 9 | 9 | | for |
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| 10 | 10 | | 1 AN ACT relating to mine product taxes; providing an |
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| 11 | 11 | | 2 exemption for the production of crude oil and natural gas |
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| 12 | 12 | | 3 produced through enhanced oil recovery techniques and using |
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| 13 | 13 | | 4 Wyoming carbon dioxide; specifying conditions for the |
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| 14 | 14 | | 5 exemption; requiring reports; providing definitions; making |
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| 15 | 15 | | 6 conforming amendments; and providing for an effective date. |
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| 16 | 16 | | 7 |
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| 18 | 18 | | 9 |
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| 19 | 19 | | 10. W.S. 39-14-204(a)(iii) and (iv) and |
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| 20 | 20 | | 11 39-14-205 by creating a new subsection (q) are amended to |
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| 21 | 21 | | 12 read: |
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| 22 | 22 | | 13 |
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| 23 | 23 | | 14 |
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| 24 | 24 | | 15 2025STATE OF WYOMING25LSO-00432SF00181 (a) Except as otherwise provided by this section and |
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| 25 | 25 | | 2 W.S. 39-14-205, the total severance tax on crude oil, lease |
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| 26 | 26 | | 3 condensate or natural gas shall be six percent (6%), |
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| 27 | 27 | | 4 comprising one and one-half percent (1.5%) imposed by the |
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| 28 | 28 | | 5 Wyoming constitution article 15, section 19 and the |
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| 29 | 29 | | 6 remaining amount imposed by Wyoming statute. The tax shall |
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| 30 | 30 | | 7 be distributed as provided in W.S. 39-14-211 and is imposed |
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| 31 | 31 | | 8 as follows: |
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| 32 | 32 | | 9 |
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| 33 | 33 | | 10 (iii) Two percent (2%), except as provided in |
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| 34 | 34 | | 11; plus |
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| 35 | 35 | | 12 |
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| 36 | 36 | | 13 (iv) Two percent (2%), except as provided in |
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| 37 | 37 | | 14 W.S. 39-14-205(n) and (q) |
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| 67 | 67 | | 22 2025STATE OF WYOMING25LSO-00434SF0018 |
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| 90 | 90 | | 23 2025STATE OF WYOMING25LSO-00435SF0018 |
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| 91 | 91 | | 1 |
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| 92 | 92 | | 2. This act is effective July 1, 2025. |
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| 93 | 93 | | 3 |
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| 94 | 94 | | 4 (END) |
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