TENTATIVE AGENDA

Joint Revenue Interim Committee

November 9 & 10, 2005

Room 302, Capitol Building

Cheyenne, Wyoming

Wednesday, November 9, 2005

8:30     am       Call to Order

                        -  Welcome and Introductions

                        -  Roll Call

8:35     am       Intangible Property Task Force

-  Subcommittee Report

                        -  Task Force Report

                        -  Department of Revenue Comments           

                        -  Public comments on topic

                        -  Committee discussion

10:30   am       Break

10:45   am       Intangible Property Task Force

                        -  Continuation of discussion

-  Review Draft Bills:

            Intangible property-definitions, 06LSO-0167.W3

            Intangible property-taxation, 06LSO-0168.W1

            Property taxation-intangibles for 2006, 06LSO-0169.W1

            Intangible property-definition of real property, 06LSO-0170.W1

                        -  Committee Action

Noon               Lunch

1:30     pm       Valuation methodology of producer-processed natural gas

                        -  Department of Revenue

                        -  Industry Representatives

                        -  Public comments

                        -  Sales tax exemption-oil & gas well, 06LSO-0090.W2

                        -  Committee discussion

3:30     pm       Break

3:45     pm       Streamlined sales tax update

                        -  Woodworker's Supply Case

                        -  State participation

                        -  Statutory Changes/Draft legislation

4:15     pm       Property Tax Relief  Report

                        -  Department of Revenue

                        -  Public comments on topic

Thursday, November 10, 2005

8:30     am       Multi-lane highway funding

-  Review Draft Bills:

            Multi-lane highways-fuel tax increase, 06LSO-0092.W2

            Severance tax cap-increase, 06LSO-0225.W1

            Federal mineral royalty cap-increase, 06LSO-0226.W1

-  Wyoming Department of Transportation

                        -  Public comment

                        -  Committee discussion

10:15   am       Break

10:30   am       Report on CAMA System

                        -  County request for training funds

                        -  County Clerk comments

                        -  County Assessor comments

                        -  Public comments

11:00   am       Department of Revenue Topics

                        -  Sales tax for retailers that sell goods and offer contract services

                        -  Farm implement restrictions

                        -  Payment plans for sales tax due on vehicles

11:30   am       Other topics of interest

                        -  Agricultural Property; Committee Classifications, Outfitters

11:45   am       CREG Report

                        - Steve Sommers, LSO – Budget and Fiscal Section Manager

Noon               Public Comments

                        - All topics

12:15   pm       Committee Discussion

                        -  Any further action

                        -  Other meetings?

1:00     pm       Adjourn