HB0266 - Refund of LUST tax.

 

2001

State of Wyoming

01LSO-0620.E1 ENGROSSED

 

 

 

HOUSE BILL NO.  HB0266

 

 

Refund of LUST tax.

 

Sponsored by:  Representative(s) Huckfeldt and Cohee and
Senator(s) Geis

 

 

A BILL

 

for

 

 1  AN ACT relating to taxation and revenue; authorizing the
 2  refund of the special fuels license tax collected for
 3  leaking underground storage tanks as specified; specifying
 4  provisions for a fund exchange; and providing for an
 5  effective date.

 6 

 7  Be It Enacted by the Legislature of the State of Wyoming:

 8 

 9         Section 1.  W.S. 39-17-209(c) by creating a new
10  paragraph (vi) and 39-17-211(c) are amended to read:

11 

12         39-17-209.  Taxpayer remedies.

13 

14         (c)  Refunds.  The following shall apply:

15 

 

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 1              (vi)  The license tax under W.S. 39-17-204(b) is
 2  subject to refund on all diesel fuel sold in Wyoming for
 3  transportation of people, goods and equipment in interstate
 4  commerce and used outside Wyoming, provided that there is
 5  an adequate system for determining whether or not the
 6  diesel fuel is used in Wyoming. Nothing in this paragraph
 7  shall apply to the use, or sale or distribution for use, of
 8  diesel fuel in Wyoming. The refund request is invalid if
 9  not submitted within one (1) year.

10 

11         39-17-211.  Distribution.

12 

13         (c)  All taxes collected under W.S. 39-17-204(b) shall
14  be transferred to the state treasurer who shall deposit
15  them only into the state highway fund. The provisions of
16  subsection (d) of this section shall not apply to the tax
17  imposed by W.S. 39-17-204(b). Any refund for any
18  overpayment or for any other refund authorized by law of
19  this one cent ($.01) tax shall be taken from the taxes
20  collected pursuant to W.S. 39-17-204(b).

21 

22         Section 2.  All severance taxes distributed under
23  title 39, chapter 14 of the Wyoming Statutes to the
24  corrective action account created by W.S. 35-11-1424 and to

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 1  the financial responsibility account created by W.S.
 2  35-11-1427 shall be in the amount of fuel taxes collected
 3  under W.S. 39-17-104(c) and 39-17-204(b), less any refunds.

 4 

 5         Section 3.  This act is effective July 1, 2001.

 6 

 7                         (END)

 

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