Monthly ad valorem tax revisions.

Wyoming's SF 38 revises how mineral producers pay ad valorem taxes (property taxes based on mineral value). It waives monthly payments for small producers whose annual severance tax is under $30,000, allowing them to pay annually instead. For 2020-2021 mineral production, the bill creates a deferred payment plan: taxpayers pay 50% of 2020 taxes by December 2021, then make annual 8% installments starting in 2023 until fully paid, with no penalties for on-time payments. The bill also clarifies reporting deadlines, reconciliation processes, and county tracking for these payments.