State assessment of independent power producers-2.

HB 151 clarifies that Wyoming's state government, not local authorities, is responsible for annually valuing and assessing the property of independent power producers (companies generating or transmitting electricity for wholesale sale) at fair market value for tax purposes. This bill directly affects electricity generation and transmission facilities operated by these independent producers. The key provision amends state tax law to explicitly include such property under the state's assessment authority, removing ambiguity about who handles these valuations. The bill was set to take effect July 1, 2022, but did not pass the legislature.