ORIGINAL HOUSE
BILL NO. 0133
ENROLLED ACT NO.
34, HOUSE OF REPRESENTATIVES
FIFTY-SIXTH
LEGISLATURE OF THE STATE OF WYOMING
2001
GENERAL SESSION
AN ACT
relating to taxation and revenue; providing for an
offsetting credit
against any overpaid severance tax
identified by an
audit as specified; and providing for an
effective date.
Be It Enacted
by the Legislature of the State of Wyoming:
Section 1. W.S. 39-14-108(c)(i) and (d)(i),
39-14-208(c)(i) and (d)(i), 39-14-308(c)(i) and (d)(i),
39-14-408(c)(i) and (d)(i), 39-14-508(c)(i) and (d)(i),
39-14-608(c)(i) and (d)(i) and 39-14-708(c)(i) and (d)(i)
are amended to read:
39-14-108. Enforcement.
(c) Interest. The following shall apply:
(i) The taxpayer is entitled to receive an
offsetting credit for
any overpaid gross product or
severance tax
identified by an audit that is within the
scope of the audit
period, without regard to the limitation
period for requesting
refunds. In
calculating interest,
the department or
board of county commissioners shall first
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compute a
net deficiency amount after subtracting any
offsetting credit and
then calculate any interest due;
(d) Penalties. The following shall apply:
(i) The taxpayer is entitled to receive an
offsetting credit for
any overpaid gross product or
severance tax
identified by an audit that is within the
scope of the audit
period, without regard to the limitation
period for requesting
refunds. In calculating penalty, the
department or board of
county commissioners shall first
compute a net
deficiency amount after subtracting any
offsetting credit and
then calculate any penalty due;
39-14-208. Enforcement.
(c) Interest. The following shall apply:
(i) The taxpayer is entitled to receive an
offsetting credit for
any overpaid gross product or
severance tax
identified by an audit that is within the
scope of the audit
period, without regard to the limitation
period for requesting
refunds. In
calculating interest,
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the
department or board of county commissioners shall first
compute a net
deficiency amount after subtracting any
offsetting credit and
then calculate any interest due;
(d) Penalties. The following shall apply:
(i) The taxpayer is entitled to receive an
offsetting credit for
any overpaid gross product or
severance tax
identified by an audit that is within the
scope of the audit
period, without regard to the limitation
period for requesting
refunds. In
calculating penalty, the
department shall first
compute a net deficiency amount
after subtracting any
offsetting credit and then calculate
any penalty due;
39-14-308. Enforcement.
(c) Interest. The following shall apply:
(i) The taxpayer is entitled to receive an
offsetting credit for
any overpaid gross product or
severance tax
identified by an audit that is within the
scope of the audit
period, without regard to the limitation
period for requesting
refunds. In
calculating interest,
the department or
board of county commissioners shall first
compute a net
deficiency amount after subtracting any
offsetting credit and
then calculate any interest due;
(d) Penalties. The following shall apply:
(i) The taxpayer is entitled to receive an
offsetting credit for
any overpaid gross product or
severance tax
identified by an audit that is within the
scope of the audit
period, without regard to the limitation
period for requesting
refunds. In
calculating penalty, the
department or board of
county commissioners shall first
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compute a
net deficiency amount after subtracting any
offsetting credit and
then calculate any penalty due;
39-14-408. Enforcement.
(c) Interest. The following shall apply:
(i) The taxpayer is entitled to receive an
offsetting credit for
any overpaid gross product or
severance tax
identified by an audit that is within the
scope of the audit
period, without regard to the limitation
period for requesting
refunds. In
calculating interest,
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the department
or board of county commissioners shall first
compute a net
deficiency amount after subtracting any
offsetting credit and
then calculate any interest due;
(d) Penalties. The following shall apply:
(i) The taxpayer is entitled to receive an
offsetting credit for
any overpaid gross product or
severance tax
identified by an audit that is within the
scope of the audit
period, without regard to the limitation
period for requesting
refunds. In
calculating penalty, the
department or board of
county commissioners shall first
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compute a
net deficiency amount after subtracting any
offsetting credit and
then calculate any penalty due;
39-14-508. Enforcement.
(c) Interest. The following shall apply:
(i) The taxpayer is entitled to receive an
offsetting credit for
any overpaid gross product or
severance tax
identified by an audit that is within the
scope of the audit
period, without regard to the limitation
period for requesting
refunds. In
calculating interest,
the department or
board of county commissioners shall first
compute a net
deficiency amount after subtracting any
offsetting credit and
then calculate any interest due;
(d) Penalties. The following shall apply:
(i) The taxpayer is entitled to receive an
offsetting credit for
any overpaid gross product or
severance tax
identified by an audit that is within the
scope of the audit
period, without regard to the limitation
period for requesting
refunds. In
calculating penalty, the
department or board of
county commissioners shall first
compute a net
deficiency amount after subtracting any
offsetting credit and
then calculate any penalty due;
39-14-608. Enforcement.
(c) Interest. The following shall apply:
(i) The taxpayer is entitled to receive an
offsetting credit for
any overpaid gross product or
severance tax
identified by an audit that is within the
scope of the audit
period, without regard to the limitation
period for requesting
refunds. In
calculating interest,
the department or
board of county commissioners shall first
compute a net
deficiency amount after subtracting any
offsetting credit and
then calculate any interest due;
(d) Penalties. The following shall apply:
(i) The taxpayer is entitled to receive an
offsetting credit for
any overpaid gross product or
severance tax
identified by an audit that is within the
scope of the audit
period, without regard to the limitation
period for requesting
refunds. In
calculating penalty, the
department or board of
county commissioners shall first
compute a net
deficiency amount after subtracting any
offsetting credit and
then calculate any penalty due;
39-14-708. Enforcement.
(c) Interest. The following shall apply:
(i) The taxpayer is entitled to receive an
offsetting credit for
any overpaid gross product or
severance tax
identified by an audit that is within the
scope of the audit
period, without regard to the limitation
period for requesting
refunds. In
calculating interest,
the department or board
of county commissioners shall first
compute a net
deficiency amount after subtracting any
offsetting credit and
then calculate any interest due;
(d) Penalties. The following shall apply:
(i) The taxpayer is entitled to receive an
offsetting credit for
any overpaid gross product or
severance tax
identified by an audit that is within the
scope of the audit
period, without regard to the limitation
period for requesting
refunds. In
calculating penalty, the
department or board of
county commissioners shall first
compute a net
deficiency amount after subtracting any
offsetting credit and
then calculate any penalty due;
Section 2. This act is effective July 1, 2001.
(END)
Speaker of
the House President of
the Senate
Governor
TIME APPROVED: _________
DATE APPROVED: _________
I hereby certify that this act originated in the
House.
Chief Clerk
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