SF0132 - Property tax-amounts paid under protest.

 

2001

State of Wyoming

01LSO-0461

 

 

 

SENATE FILE NO.  SF0132

 

 

Property tax-amounts paid under protest.

 

Sponsored by:  Senator(s) Meier and Barton and
Representative(s) Huckfeldt and Tomassi

 

 

A BILL

 

for

 

 1  AN ACT relating to taxation and revenue; providing for the
 2  payment of property taxes under protest as specified; and
 3  providing for an effective date.

 4 

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

 6 

 7         Section 1.  W.S. 39-13-109(f) is amended to read:

 8 

 9         39-13-109.  Taxpayer remedies.

10 

11         (f)  Escrow.  If When taxes are paid under protest to
12  the extent of and due to an appeal pending before the state
13  board of equalization or any court of competent
14  jurisdiction, the county treasurer shall deposit fifty
15  percent (50%) of that protested amount under appeal in an
16  interest bearing escrow account and withhold distribution

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 1  under W.S. 39-13-111 until a final decision on the appeal
 2  has been rendered. Fifty percent (50%) of the amount of
 3  taxes under protest shall be distributed as provided under
 4  W.S. 39-13-111. To the extent the taxpayer prevails in the
 5  appeal, the county treasurer shall refund that fifty
 6  percent (50%) of the amount under appeal which was
 7  deposited into an escrow account, plus interest earned
 8  thereon, to the taxpayer within thirty (30) days from the
 9  day the final decision is rendered. The taxpayer shall
10  receive credit for the remaining fifty percent (50%) of the
11  amount which was distributed under W.S. 39-13-111 against
12  any future tax liability under the provisions of this
13  chapter.  If the taxpayer pays to the county an amount in
14  excess of the protested amount under appeal, the excess
15  shall be distributed as provided under W.S. 39-13-111. At
16  the time of payment of taxes under protest, the taxpayer
17  shall disclose that portion of taxes under protest to the
18  county treasurer.

19 

20         Section 2.  This act is effective July 1, 2001.

21 

22                         (END)

 

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