39-14-511 and is imposed as follows:

39-14-511 and is imposed as follows:

(i) Two percent (2%); plus

(ii) Two percent (2%).

(b) The severance tax imposed under subsection (a) of this section shall not apply to any uranium production occurring after December 31, 2020, and before January 1, 2026. For the period of time prescribed under this subsection, there is levied a severance tax at the rates specified in subsection (c) of this section. The severance tax shall be levied on the value of the gross product extracted each month for which the spot market price per pound of nonenriched uranium concentrate (U3O8) is at least thirty dollars ($30.00) as determined by an average of the following international indexes or their successors quoting the monthly price of nonenriched uranium concentrate (U3O8):

(i) NUEXCO from TradeTech;

(ii) Ux U3O8 spot price.

(c) The uranium spot market price used in the table in this subsection is the price per pound of nonenriched uranium concentrate (U3O8). The value of uranium for purposes of the severance tax in subsection (b) of this section shall be determined in accordance with the following table:

Uranium Spot Market Price Tax Applied Less than $30.00 0%

$30.00 to $36.67 1%

$36.68 to $43.34 2%

$43.35 to $50.00 3%

$50.01 to $60.00 4%

$60.01 or more 5%

(d) Subsections (b) through (e) of this section are repealed effective December 31, 2026.

(e) No taxpayer shall qualify for the severance tax rate imposed under subsections (b) and (c) of this section unless the county treasurer annually certifies to the department that the taxpayer does not have any unpaid delinquent ad valorem tax in the county from within which the uranium was severed or extracted.

39-14-505. Exemptions.

(a) Repealed by Laws 2016, ch. 16, § 2.

(b) Repealed by Laws 2016, ch. 16, § 2.

(c) There are no specific applicable provisions for exemptions for this article.

39-14-506. Licenses; permits.

There are no specific applicable provisions for licenses and permits for this chapter.

39-14-507. Compliance; collection procedures.

(a) Returns, reports. The following shall apply:

(i) Annually, on or before February 25 of the year following the year of production any person whose property is subject to W.S. 39-14-502(a) shall sign under oath and submit a statement listing the information relative to the property and affairs of the company as the department may require to assess the property;  (ii) All information and reports shall be notarized and signed by a person who has legal authority to bind the taxpayer;

(iii) For mines and mining claims, the department may presume that the property is located in the county in which production is reported by the taxpayer. The department shall not direct any county to provide relief for taxes paid on taxable valuation which was erroneously reported and certified to the wrong county unless the taxpayer files or is directed to file amended returns within two (2) years of the date of the original certification of the production. Unless there is evidence of bad faith or willful disregard of production circumstances, no taxpayer shall be required to pay taxes on production which was erroneously reported and certified to the wrong county if relief for taxes paid is not allowed under this provision;

(iv) Except as provided in paragraph (v) of this subsection, each taxpayer liable for severance taxes under W.S.