2011 Wyoming Statutes
TITLE 39 - TAXATION AND REVENUE
CHAPTER 14 - MINE PRODUCT TAXES ARTICLE 1 COAL
39-14-505. Exemptions.

(a) All uranium production occurring after January 1, 1995, and before March 31, 2009, is exempt from the tax provided in W.S. 39-14-504, except there is levied upon the privilege of severing or extracting uranium an excise tax on the value of the gross product extracted beginning with the month that follows six (6) consecutive months at which the spot market price per pound of nonenriched uranium concentrate is at least fourteen United States dollars ($14.00) as determined by an average of the following international indexes or their successors quoting the monthly price of nonenriched uranium:

(i) Nuexco exchange value;

(ii) Nukem price range;

(iii) Ux U308 spot price.

(b) For purposes of subsection (a) of this section the spot market price of uranium used in this table is the price per pound on nonenriched uranium concentrate (U308). The excise tax in subsection (a) of this section, shall be applied in accordance with the following table:

Uranium Spot Market Price Tax Applied

$14.00 to $15.00 1%

$15.01 to $16.00 2%

$16.01 to $17.99 3%

$18.00 or more 4%