Ad valorem taxation-payment and credit of penalties.

HB 38 amends Wyoming's ad valorem tax penalty rules, directing that penalties collected from taxpayers who fail to file specific tax statements must be paid to and credited to the State School Foundation Program account. The bill specifically changes how these penalty payments are handled under Wyoming Statute 39-13-108(c)(ii)(B), ensuring funds go directly to the school foundation program rather than other general state funds. This procedural change affects taxpayers who miss filing deadlines and ensures penalty revenue supports public education funding as specified by law.