Taxation of helium. |
08LSO-0364.L1 |
FISCAL NOTE
Source of revenue increase:
Helium produced in Wyoming becomes taxable under Wyoming Statutes
Assumptions:
The above estimates are based on January 2008 CREG projections, and the current severance tax rate on natural gas of 6%.
Production of helium stays relatively constant.
Helium prices continue at their historical rates.
Prepared by: Matt Sachse, Dept. of Revenue Phone: 777-5310