60^th WYOMING LEGISLATURE

INTERIM COMMITTEE STUDIES

2009 INTERIM

JOINT REVENUE INTERIM COMMITTEE

Standard Budget:     $25,000.00

Priority #: 1     Overall revenue picture in face of declining economy.

The Committee would consider the overall revenue needs of the state in the economic climate, including a consideration of taxation, taxation rates and tax exemptions.

Priority #: 2    CAMA (computer assisted mass appraisal) system and tax valuation review.

Education on and review of the CAMA system as implemented by the counties throughout the state, including consideration of proposed rules from the Department of Revenue.

Priority #: 3     Taxation of digital products.

Consideration of the taxation issues related digital products, including the need to define the scope of what products are included within the term "digital products".

Priority #: 4    Tax increment financing (TIF)

Study on TIF and on how municipalities may be able to implement that type of financing to help entice new businesses to locate in their area.

Priority #: 5     Monthly payment of property tax.

The Committee would consider statutory changes which would allow taxpayers to pay property taxes on a monthly basis.

Priority #: 6     Mineral point of valuation issues.

This item would only to be studied by the Committee if industry and the Department of Revenue agree on a statutory approach to resolve issues related to the point of valuation for mineral taxation purposes.