WORKING DRAFT

HOUSE BILL NO.

Statewide mill levy.

Sponsored by: Joint Revenue Interim Committee

A BILL

for

AN ACT relating to taxation and revenue; imposing a statewide mill levy for school capital construction as specified; providing for distribution; providing conforming amendments; and providing for an effective date.

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

Section 1. W.S. 39-13-104(k)(i)(C) and by creating a new subsection (n) and 39-13-111(a) by creating a new paragraph (iv) are amended to read:

39-13-104. Taxation rate.

(k) The following shall apply to the certification of tax levies:

(i) All governmental entities in Wyoming having the power to levy or require the levy of ad valorem taxes shall annually notify the board of county commissioners of the county in which the entity is located, of the amount of tax to be collected against the taxable property of the district, as follows:

(C) On or before the first Monday in August by the board for state purposes as provided by W.S. 9-4-302, 21-13-303, subsection (n) of this section and this act.

(n) As authorized by paragraph (a)(i) of this section, for the purpose of state revenue to be used forschool capital construction there shall be assessed and levied each year a state tax of _____(1 to 4) mills on the dollar of the assessed valuation of the property within the state as certified on August 10 under the provisions of subparagraph (k)(i)(C) of this section. The tax shall be in addition to any and all other taxes authorized by law.

39-13-111. Distribution.

(a) The following shall apply to the distribution of tax collections:

(iv) The county treasurer shall transfer any money collected from the tax imposed by W.S. 39-13-104(n) to the state treasurer for deposit in the capital construction account created by W.S. 21-15-111.

Section 2. This act is effective January 1, 2003.

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