This bill amends the distribution process for ad valorem taxes on mineral production in Wyoming. Specifically, it modifies the timeline for tax distribution by the county treasurer, stipulating that taxes collected following the final reconciliation must be distributed by the tenth day of the month after collection. Additionally, the bill introduces new provisions that prevent the distribution of taxes to governmental entities that do not levy or are not authorized to levy taxes for the applicable tax year. Any taxes collected on behalf of such entities will be held by the county treasurer until final reconciliation is completed.

The effective date for this legislation is set for July 1, 2025. The changes aim to ensure that tax distributions are handled more accurately and that funds are only allocated to entities that are legally authorized to receive them.

Statutes affected:
Introduced: 39-13-111