Wyoming Statutes
§ 39-14-212 — Taxation of certain helium
(a)As used in this section:
(i)"Helium" means helium which is a component of a
natural gas stream leased by the United States to any lessee
pursuant to the Mineral Leasing Act of 1920, 30 U.S.C. section
181. All other helium shall be subject to taxation pursuant to
the provisions of this article;
(ii)"Present and continuing privilege of removing,
extracting, severing or producing" means the right to physically
separate the helium, by itself, or as a component of the gas
stream, from the ground;
(iii)All other definitions in W.S. 39-14-201 are
incorporated herein by reference to the extent that they may
apply.
(b)Administration; confidentiality: The department shall
annually value and assess helium production at its fair market
value for taxation in accordance with the applicable provi
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Related
§ 181
30 U.S.C. § 181
Nearby Sections
15
§ 39-14-101
Definitions§ 39-14-102
Administration; confidentiality§ 39-14-103
Imposition§ 39-14-104
Tax rate§ 39-14-105
Exemptions§ 39-14-106
Licenses; permits§ 39-14-107
Compliance; collection procedures§ 39-14-108
Enforcement§ 39-14-109
Taxpayer remedies§ 39-14-110
Statute of limitations§ 39-14-111
Distribution§ 39-14-201
Definitions§ 39-14-202
Administration; confidentiality§ 39-14-203
Imposition§ 39-14-204
Tax rate