us-co/statute/39/39-29-106 — Tax on the severance of coal

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us-co/statute/39/39-29-106 — Tax on the severance of coal · Axiom

(1) In addition to any other tax, there shall be levied, collected, and paid for each taxable year a tax upon the severance of all coal in this state. Such tax shall be levied against every person engaged in the severance of coal. Subject to the exemption and credits authorized in subsections (2), (3), and (4) of this section, the rate of the tax shall be thirty-six cents per ton of coal.

(2) (a) Repealed.

(b)On and after July 1, 1999, but before January 1, 2026,…#

(b) On and after July 1, 1999, but before January 1, 2026, no tax provided for in subsection (1) of this section is imposed on the first:

(I) Three hundred thousand tons of coal produced in each quarter of the 2021 taxable year;

(II) Two hundred forty thousand tons of coal produced in each quarter of the 2022 taxable year;

(III) One hundred eighty thousand tons of coal produced in each quarter of the 2023 taxable year;

(IV) One hundred twenty thousand tons of coal produced in each quarter of the 2024 taxable year; and

(V) Sixty thousand tons of coal produced in each quarter of the 2025 taxable year.

(c)Repealed.#

(3) For taxable years commencing prior to January 1, 2026, there is allowed, as a credit against the tax imposed by subsection (1) of this section, an amount equal to the percentage set forth in subsection (3.5) of this section of such tax for coal produced from underground mines.

(3.5) The percentage for the credits allowed under subsections (3) and (4) of this section is equal to:

(a) Fifty percent for the 2021 taxable year;

(b) Forty percent for the 2022 taxable year;

(d)Twenty percent for the 2024 taxable year; and#

(d) Twenty percent for the 2024 taxable year; and

(e)Ten percent for the 2025 taxable year.#

(e) Ten percent for the 2025 taxable year.

(4) For taxable years commencing prior to January 1, 2026, there is allowed, as an additional credit against the tax imposed by subsection (1) of this section, an amount equal to the percentage set forth in subsection (3.5) of this section of such tax for the production of lignitic coal, as such coal is classified by the American society for testing and materials (ASTM) in their D 388 standard for the classification of coals by rank.

(5) For every full one and one-half percent change in the index of producers' prices for all commodities prepared by the bureau of labor statistics of the United States department of labor, the tax rate provided in subsection (1) of this section shall be increased or decreased one percent. The executive director shall determine such adjustments to the rate of tax based upon changes in the index of producers' prices from the level of such index as of January, 1978, to the level of such index as of the last month of the quarter immediately preceding the quarter for which any taxes are due.

in view

Whole section

Encodings · 10

statutory_coal_severance_tax_rateCO 39 § 39-29-106 · parameter

C.R.S. 39-29-106(1)

name: statutory_coal_severance_tax_rate
kind: parameter
dtype: Money
unit: USD
source: C.R.S. 39-29-106(1)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: amount
        source:
          corpus_citation_path: us-co/statute/39/39-29-106
          excerpt: thirty-six cents per ton of coal
versions:
  - effective_from: '0001-01-01'
    formula: '0.36'

producer_price_index_change_intervalCO 39 § 39-29-106 · parameter

C.R.S. 39-29-106(5)

name: producer_price_index_change_interval
kind: parameter
dtype: Rate
source: C.R.S. 39-29-106(5)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: parameter
        source:
          corpus_citation_path: us-co/statute/39/39-29-106
          excerpt: every full one and one-half percent change
versions:
  - effective_from: '0001-01-01'
    formula: '0.015'

tax_rate_adjustment_per_producer_price_index_intervalCO 39 § 39-29-106 · parameter

C.R.S. 39-29-106(5)

name: tax_rate_adjustment_per_producer_price_index_interval
kind: parameter
dtype: Rate
source: C.R.S. 39-29-106(5)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: parameter
        source:
          corpus_citation_path: us-co/statute/39/39-29-106
          excerpt: increased or decreased one percent
versions:
  - effective_from: '0001-01-01'
    formula: '0.01'

quarterly_coal_tax_exemption_tonsCO 39 § 39-29-106 · parameter

C.R.S. 39-29-106(2)(b)

name: quarterly_coal_tax_exemption_tons
kind: parameter
dtype: Count
source: C.R.S. 39-29-106(2)(b)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: amount
        source:
          corpus_citation_path: us-co/statute/39/39-29-106
          excerpt: >-
            Three hundred thousand tons of coal produced in each quarter of the
            2021 taxable year
      - path: versions[1].formula
        kind: amount
        source:
          corpus_citation_path: us-co/statute/39/39-29-106
          excerpt: >-
            Two hundred forty thousand tons of coal produced in each quarter of
            the 2022 taxable year
      - path: versions[2].formula
        kind: amount
        source:
          corpus_citation_path: us-co/statute/39/39-29-106
          excerpt: >-
            One hundred eighty thousand tons of coal produced in each quarter of
            the 2023 taxable year
      - path: versions[3].formula
        kind: amount
        source:
          corpus_citation_path: us-co/statute/39/39-29-106
          excerpt: >-
            One hundred twenty thousand tons of coal produced in each quarter of
            the 2024 taxable year
      - path: versions[4].formula
        kind: amount
        source:
          corpus_citation_path: us-co/statute/39/39-29-106
          excerpt: >-
            Sixty thousand tons of coal produced in each quarter of the 2025
            taxable year
versions:
  - effective_from: '2021-01-01'
    formula: '300000'
  - effective_from: '2022-01-01'
    formula: '240000'
  - effective_from: '2023-01-01'
    formula: '180000'
  - effective_from: '2024-01-01'
    formula: '120000'
  - effective_from: '2025-01-01'
    formula: '60000'
  - effective_from: '2026-01-01'
    formula: '0'

coal_tax_credit_percentageCO 39 § 39-29-106 · parameter

C.R.S. 39-29-106(3.5)

name: coal_tax_credit_percentage
kind: parameter
dtype: Rate
source: C.R.S. 39-29-106(3.5)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: parameter
        source:
          corpus_citation_path: us-co/statute/39/39-29-106
          excerpt: Fifty percent for the 2021 taxable year
      - path: versions[1].formula
        kind: parameter
        source:
          corpus_citation_path: us-co/statute/39/39-29-106
          excerpt: Forty percent for the 2022 taxable year
      - path: versions[2].formula
        kind: parameter
        source:
          corpus_citation_path: us-co/statute/39/39-29-106
          excerpt: Thirty percent for the 2023 taxable year
      - path: versions[3].formula
        kind: parameter
        source:
          corpus_citation_path: us-co/statute/39/39-29-106
          excerpt: Twenty percent for the 2024 taxable year
      - path: versions[4].formula
        kind: parameter
        source:
          corpus_citation_path: us-co/statute/39/39-29-106
          excerpt: Ten percent for the 2025 taxable year
versions:
  - effective_from: '2021-01-01'
    formula: '0.50'
  - effective_from: '2022-01-01'
    formula: '0.40'
  - effective_from: '2023-01-01'
    formula: '0.30'
  - effective_from: '2024-01-01'
    formula: '0.20'
  - effective_from: '2025-01-01'
    formula: '0.10'
  - effective_from: '2026-01-01'
    formula: '0'

coal_severance_tax_rateCO 39 § 39-29-106 · derived

C.R.S. 39-29-106(1), (5)

name: coal_severance_tax_rate
kind: derived
entity: Person
dtype: Money
period: Year
unit: USD
source: C.R.S. 39-29-106(1), (5)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: formula
        source:
          corpus_citation_path: us-co/statute/39/39-29-106
          excerpt: the tax rate ... shall be increased or decreased one percent
versions:
  - effective_from: '0001-01-01'
    formula: >-
      if producer_price_index_increased_since_january_1978:
      statutory_coal_severance_tax_rate * (1 +
      (full_producer_price_index_change_intervals *
      tax_rate_adjustment_per_producer_price_index_interval)) else:
      statutory_coal_severance_tax_rate * (1 -
      (full_producer_price_index_change_intervals *
      tax_rate_adjustment_per_producer_price_index_interval))

coal_severance_tax_before_creditsCO 39 § 39-29-106 · derived

C.R.S. 39-29-106(1)

name: coal_severance_tax_before_credits
kind: derived
entity: Person
dtype: Money
period: Year
unit: USD
source: C.R.S. 39-29-106(1)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: formula
        source:
          corpus_citation_path: us-co/statute/39/39-29-106
          excerpt: a tax upon the severance of all coal in this state
versions:
  - effective_from: '0001-01-01'
    formula: >-
      coal_tons_subject_to_tax_after_quarterly_exemption *
      coal_severance_tax_rate

underground_coal_severance_tax_creditCO 39 § 39-29-106 · derived

C.R.S. 39-29-106(3), (3.5)

name: underground_coal_severance_tax_credit
kind: derived
entity: Person
dtype: Money
period: Year
unit: USD
source: C.R.S. 39-29-106(3), (3.5)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: formula
        source:
          corpus_citation_path: us-co/statute/39/39-29-106
          excerpt: >-
            a credit ... equal to the percentage ... of such tax for coal
            produced from underground mines
versions:
  - effective_from: '2021-01-01'
    formula: >-
      underground_coal_tons_subject_to_tax * coal_severance_tax_rate *
      coal_tax_credit_percentage

lignitic_coal_severance_tax_creditCO 39 § 39-29-106 · derived

C.R.S. 39-29-106(4), (3.5)

name: lignitic_coal_severance_tax_credit
kind: derived
entity: Person
dtype: Money
period: Year
unit: USD
source: C.R.S. 39-29-106(4), (3.5)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: formula
        source:
          corpus_citation_path: us-co/statute/39/39-29-106
          excerpt: >-
            an additional credit ... equal to the percentage ... of such tax for
            the production of lignitic coal
versions:
  - effective_from: '2021-01-01'
    formula: >-
      lignitic_coal_tons_subject_to_tax * coal_severance_tax_rate *
      coal_tax_credit_percentage

coal_severance_tax_after_creditsCO 39 § 39-29-106 · derived

C.R.S. 39-29-106(1), (3), (4)

name: coal_severance_tax_after_credits
kind: derived
entity: Person
dtype: Money
period: Year
unit: USD
source: C.R.S. 39-29-106(1), (3), (4)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: formula
        source:
          corpus_citation_path: us-co/statute/39/39-29-106
          excerpt: >-
            Subject to the exemption and credits authorized in subsections (2),
            (3), and (4)
versions:
  - effective_from: '2021-01-01'
    formula: >-
      max(0, coal_severance_tax_before_credits -
      underground_coal_severance_tax_credit -
      lignitic_coal_severance_tax_credit)

▸rulespec code

Shown source

statutes/39/39-29-106.yaml

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View on GitHub

Rules

statutory_coal_severance_tax_rate

Parameter

source: C.R.S. 39-29-106(1)

- name: statutory_coal_severance_tax_rate
  kind: parameter
  dtype: Money
  unit: USD
  source: C.R.S. 39-29-106(1)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: amount
          source:
            corpus_citation_path: us-co/statute/39/39-29-106
            excerpt: thirty-six cents per ton of coal
  versions:
    - effective_from: '0001-01-01'
      formula: '0.36'

producer_price_index_change_interval

Parameter

source: C.R.S. 39-29-106(5)

- name: producer_price_index_change_interval
  kind: parameter
  dtype: Rate
  source: C.R.S. 39-29-106(5)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us-co/statute/39/39-29-106
            excerpt: every full one and one-half percent change
  versions:
    - effective_from: '0001-01-01'
      formula: '0.015'

tax_rate_adjustment_per_producer_price_index_interval

Parameter

source: C.R.S. 39-29-106(5)

- name: tax_rate_adjustment_per_producer_price_index_interval
  kind: parameter
  dtype: Rate
  source: C.R.S. 39-29-106(5)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us-co/statute/39/39-29-106
            excerpt: increased or decreased one percent
  versions:
    - effective_from: '0001-01-01'
      formula: '0.01'

quarterly_coal_tax_exemption_tons

Parameter

source: C.R.S. 39-29-106(2)(b)

- name: quarterly_coal_tax_exemption_tons
  kind: parameter
  dtype: Count
  source: C.R.S. 39-29-106(2)(b)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: amount
          source:
            corpus_citation_path: us-co/statute/39/39-29-106
            excerpt: Three hundred thousand tons of coal produced in each quarter of the 2021 taxable year
        - path: versions[1].formula
          kind: amount
          source:
            corpus_citation_path: us-co/statute/39/39-29-106
            excerpt: >-
              Two hundred forty thousand tons of coal produced in each quarter of the 2022 taxable
              year
        - path: versions[2].formula
          kind: amount
          source:
            corpus_citation_path: us-co/statute/39/39-29-106
            excerpt: >-
              One hundred eighty thousand tons of coal produced in each quarter of the 2023 taxable
              year
        - path: versions[3].formula
          kind: amount
          source:
            corpus_citation_path: us-co/statute/39/39-29-106
            excerpt: >-
              One hundred twenty thousand tons of coal produced in each quarter of the 2024 taxable
              year
        - path: versions[4].formula
          kind: amount
          source:
            corpus_citation_path: us-co/statute/39/39-29-106
            excerpt: Sixty thousand tons of coal produced in each quarter of the 2025 taxable year
  versions:
    - effective_from: '2021-01-01'
      formula: '300000'
    - effective_from: '2022-01-01'
      formula: '240000'
    - effective_from: '2023-01-01'
      formula: '180000'
    - effective_from: '2024-01-01'
      formula: '120000'
    - effective_from: '2025-01-01'
      formula: '60000'
    - effective_from: '2026-01-01'
      formula: '0'

coal_tax_credit_percentage

Parameter

source: C.R.S. 39-29-106(3.5)

- name: coal_tax_credit_percentage
  kind: parameter
  dtype: Rate
  source: C.R.S. 39-29-106(3.5)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us-co/statute/39/39-29-106
            excerpt: Fifty percent for the 2021 taxable year
        - path: versions[1].formula
          kind: parameter
          source:
            corpus_citation_path: us-co/statute/39/39-29-106
            excerpt: Forty percent for the 2022 taxable year
        - path: versions[2].formula
          kind: parameter
          source:
            corpus_citation_path: us-co/statute/39/39-29-106
            excerpt: Thirty percent for the 2023 taxable year
        - path: versions[3].formula
          kind: parameter
          source:
            corpus_citation_path: us-co/statute/39/39-29-106
            excerpt: Twenty percent for the 2024 taxable year
        - path: versions[4].formula
          kind: parameter
          source:
            corpus_citation_path: us-co/statute/39/39-29-106
            excerpt: Ten percent for the 2025 taxable year
  versions:
    - effective_from: '2021-01-01'
      formula: '0.50'
    - effective_from: '2022-01-01'
      formula: '0.40'
    - effective_from: '2023-01-01'
      formula: '0.30'
    - effective_from: '2024-01-01'
      formula: '0.20'
    - effective_from: '2025-01-01'
      formula: '0.10'
    - effective_from: '2026-01-01'
      formula: '0'

coal_severance_tax_rate

Derived

source: C.R.S. 39-29-106(1), (5)

- name: coal_severance_tax_rate
  kind: derived
  entity: Person
  dtype: Money
  period: Year
  unit: USD
  source: C.R.S. 39-29-106(1), (5)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us-co/statute/39/39-29-106
            excerpt: the tax rate ... shall be increased or decreased one percent
  versions:
    - effective_from: '0001-01-01'
      formula: >-
        if producer_price_index_increased_since_january_1978: statutory_coal_severance_tax_rate * (1
        + (full_producer_price_index_change_intervals *
        tax_rate_adjustment_per_producer_price_index_interval)) else:
        statutory_coal_severance_tax_rate * (1 - (full_producer_price_index_change_intervals *
        tax_rate_adjustment_per_producer_price_index_interval))

coal_severance_tax_before_credits

Derived

source: C.R.S. 39-29-106(1)

- name: coal_severance_tax_before_credits
  kind: derived
  entity: Person
  dtype: Money
  period: Year
  unit: USD
  source: C.R.S. 39-29-106(1)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us-co/statute/39/39-29-106
            excerpt: a tax upon the severance of all coal in this state
  versions:
    - effective_from: '0001-01-01'
      formula: coal_tons_subject_to_tax_after_quarterly_exemption * coal_severance_tax_rate

underground_coal_severance_tax_credit

Derived

source: C.R.S. 39-29-106(3), (3.5)

- name: underground_coal_severance_tax_credit
  kind: derived
  entity: Person
  dtype: Money
  period: Year
  unit: USD
  source: C.R.S. 39-29-106(3), (3.5)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us-co/statute/39/39-29-106
            excerpt: >-
              a credit ... equal to the percentage ... of such tax for coal produced from
              underground mines
  versions:
    - effective_from: '2021-01-01'
      formula: underground_coal_tons_subject_to_tax * coal_severance_tax_rate * coal_tax_credit_percentage

lignitic_coal_severance_tax_credit

Derived

source: C.R.S. 39-29-106(4), (3.5)

- name: lignitic_coal_severance_tax_credit
  kind: derived
  entity: Person
  dtype: Money
  period: Year
  unit: USD
  source: C.R.S. 39-29-106(4), (3.5)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us-co/statute/39/39-29-106
            excerpt: >-
              an additional credit ... equal to the percentage ... of such tax for the production of
              lignitic coal
  versions:
    - effective_from: '2021-01-01'
      formula: lignitic_coal_tons_subject_to_tax * coal_severance_tax_rate * coal_tax_credit_percentage

coal_severance_tax_after_credits

Derived

source: C.R.S. 39-29-106(1), (3), (4)

- name: coal_severance_tax_after_credits
  kind: derived
  entity: Person
  dtype: Money
  period: Year
  unit: USD
  source: C.R.S. 39-29-106(1), (3), (4)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us-co/statute/39/39-29-106
            excerpt: Subject to the exemption and credits authorized in subsections (2), (3), and (4)
  versions:
    - effective_from: '2021-01-01'
      formula: >-
        max(0, coal_severance_tax_before_credits - underground_coal_severance_tax_credit -
        lignitic_coal_severance_tax_credit)