Section 39-23-101 – Definitions.
39-23-101. Definitions. There are no specific applicable provisions for definitions for this chapter.
Section 39-23-102 – Administration.
39-23-102. Administration. The department of revenue shall enforce the provisions of this chapter. The department shall promulgate rules and regulations necessary for the implementation and enforcement of this chapter.
Section 39-23-103 – Imposition.
39-23-103. Imposition. There is levied an excise tax upon the sale of electricity from nuclear reactors in this state. The tax shall be imposed upon the sale of any electricity produced from nuclear reactors on or after January 1, 2021 and shall be paid by the person selling such electricity. The tax shall be imposed […]
Section 39-23-104 – Taxation Rate.
39-23-104. Taxation rate. The tax rate shall be five dollars ($5.00) on each megawatt hour, or portion thereof, which is sold.
Section 39-23-105 – Exemptions.
39-23-105. Exemptions. (a) No tax shall be imposed upon electricity which is produced from any generating facility owned or operated by the federal government, state of Wyoming or by any county or municipality in this state. (b) No tax shall be imposed upon electricity which is produced for the personal consumption of the producer. For […]
Section 39-23-106 – Licensing; Permits.
39-23-106. Licensing; permits. There are no specific applicable provisions for licenses and permits for this chapter.
Section 39-23-107 – Compliance; Collection Procedures.
39-23-107. Compliance; collection procedures. (a) Returns and reports. Any person producing electricity from nuclear reactors within this state which is subject to the tax imposed by this chapter shall report the amount of megawatt hours produced in this state on or before the fifteenth day of the month immediately following the month in which the […]
Section 39-23-108 – Enforcement.
39-23-108. Enforcement. (a) Audits. There are no specific applicable provisions for audits for this chapter. (b) Interest. Interest at an annual rate equal to the average prime interest as determined by the state treasurer during the preceding fiscal year, plus four percent (4%), shall be added to all delinquent taxes under this chapter. To determine […]
Section 39-23-109 – Taxpayer Remedies.
39-23-109. Taxpayer remedies. (a) Credits. The following shall apply: (i) The taxpayer is entitled to receive an offsetting credit for any property tax paid in connection with the sale of electricity produced from a nuclear reactor; (ii) Any credit under this subsection may be carried forward to succeeding reporting periods.
Section 39-23-110 – Statute of Limitations.
39-23-110. Statute of limitations. There are no specific applicable provisions for a statute of limitations for this chapter.
Section 39-23-111 – Distribution.
39-23-111. Distribution. One hundred percent (100%) of the proceeds from the tax imposed by this chapter shall be distributed by the department and deposited in the state general fund, with receipt and acknowledgement submitted to the state treasurer.