This bill amends the existing tax framework for electricity production in Wyoming by expanding the excise tax to include electricity generated from solar and nuclear resources, in addition to wind resources. Specifically, it introduces new definitions for "generating facility" to encompass facilities producing electricity from wind, solar, and nuclear sources. The bill also repeals the existing tax on electricity produced from nuclear reactors, thereby eliminating the previous tax structure for nuclear energy.

Furthermore, the bill specifies that the new tax will apply to electricity produced from solar and nuclear generating facilities starting January 1, 2028. It maintains an exemption for electricity produced from wind generating facilities for three years after they first produce electricity for sale. The compliance and reporting requirements for producers of electricity are updated to reflect these changes, ensuring that all relevant parties report their production of megawatt hours accordingly.

Statutes affected:
27LSO-0112 v0.3: 39-22-101, 39-22-103, 39-22-105, 39-22-107, 39-23-101, 39-23-111