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