15-34-101. Coal producer's license tax -- definition. (1) There is imposed on each coal mine operator that is subject to the tax imposed under 15-35-103 a tax in an amount equal to 9.17% of the value of coal produced in the state.
     (2) The proceeds of the tax must be allocated as provided for in 15-34-115.
     (3) For purposes of this section, "value" has the meaning provided in 15-35-103.

     History: En. Sec. 8, Ch. 563, L. 1999.