SF0178 - Utility rate adjustments-gas and electricity.

 

2001

State of Wyoming

01LSO-0607.E1 ENGROSSED

 

 

 

SENATE FILE NO.  SF0178

 

 

Utility rate adjustments-gas and electricity.

 

Sponsored by:  Senator(s) Kinnison, Boggs, Devin, Hanes,
Harris, Hinchey, Job, Massie, Mockler, Peck,
Schiffer, Scott, Sessions and Vasey and
Representative(s) Anderson, R., Sadler and
Tomassi

 

 

A BILL

 

for

 

AN ACT relating to sales and use tax on specified
 1  utilities; providing an exemption from sales and use tax
 2  for sales of gas, heating oil, propane and electricity as
 3  specified; and providing for an effective date.

 4 

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

 6 

 7         Section 1.  W.S. 39-15-105(a)(vi) by creating a new
 8  subparagraph (E) and 39-16-105(a)(vi) by creating a new
 9  subparagraph (E) are amended to read:

10 

11         39-15-105.  Exemptions.

12 

13         (a)  The following sales or leases are exempt from the
14  excise tax imposed by this article:

 

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 1 

 2              (vi)  For the purpose of exempting sales of
 3  services and tangible personal property which are essential
 4  human goods and services, the following are exempt:

 5 

 6                   (E)  For the period April 1, 2001 through
 7  March 31, 2002, sales of gas by a gas public utility under
 8  W.S. 37-1-101(a)(vi)(D), heating oil, propane and sales of
 9  electricity by an electric public utility under W.S.
10  37-1-101(a)(vi)(C) for domestic, industrial or commercial
11  consumption. The department of revenue may adopt rules or
12  issue a directive to implement this paragraph, including,
13  but not limited to, rules or a directive requiring an
14  affected utility to state on customers' bills the reduction
15  resulting from this paragraph.

16 

17         39-16-105.  Exemptions.

18 

19         (a)  The following purchases or leases are exempt from
20  the excise tax imposed by this article:

21 

22              (vi)  For the purpose of exempting sales of
23  services and tangible personal property and services which

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 1  are essential human goods and services, the following are
 2  exempt:

 3 

 4                   (E)  For the period April 1, 2001 through
 5  March 31, 2002, sales of gas by a gas public utility under
 6  W.S. 37-1-101(a)(vi)(D), heating oil, propane and sales of
 7  electricity by an electric public utility under W.S.
 8  37-1-101(a)(vi)(C) for domestic, industrial or commercial
 9  consumption. The department of revenue may adopt rules or
10  issue a directive to implement this paragraph, including,
11  but not limited to, rules or a directive requiring an
12  affected utility to state on customers' bills the reduction
13  resulting from this paragraph.

14 

15         Section 2.  For the period beginning April 1, 2001 and
16  ending June 30, 2002, there is appropriated to the
17  department of revenue from the general fund sixteen million
18  dollars ($16,000,000.00) for the purpose of maintaining
19  revenues to local governments that otherwise would be
20  distributed to local governments under W.S. 39-15-111 and
21  39-16-111 but for the sales and use tax exemptions provided
22  under this act. The department of revenue is authorized to
23  distribute monthly to local governments funds appropriated
24  under this section based upon historical data on

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 1  distributions made to local governments from sales and use
 2  tax revenues from gas, heating oil, propane and electric
 3  utilities. Appropriations under this section shall not be
 4  expended for any purpose other than as stated in this
 5  section, and unobligated funds shall revert to the budget
 6  reserve account on June 30, 2002.

 7 

 8         Section 3.  This act is effective April 1, 2001.

 9 

10                         (END)

 

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