Manufacturing sales & use tax exemption.
In one sentence
Not clearly identified in the stored source.
No additional limitations are listed.
Official record
Bill No.: <billno> Drafter: <drafterinit> Bill No.: HB0049 Drafter: MQ LSO No.: 10LSO-0218 Effective Date: 3/4/2010 Enrolled Act No.: HEA0014 Chapter No.: 33 Prime Sponsor: Representative Madden Catch Title: Manufacturing sales & use tax exemption. Subject: Extends the sales/use tax exemption for manufacturing equipment. Summary/Major Elements: Current sales/use tax exemption granted for the sale or lease of machinery used in manufacturing tangible personal property will expire on December 31, 2010. Bill extends the expiration date 1 year to December 31, 2011.
Public statements
Last checked Aug 8, 6:36 AM
Why they voted this way
The lawmaker argues that tax breaks are not a primary factor in corporate location decisions, which instead focus on markets and workforce, making the exemption an unnecessary giveaway of taxpayer money. He believes businesses invest to increase productivity rather than for one-time sales tax savings.
Why they voted this way
The lawmaker supports extending the sunset date by one year to allow the Revenue Committee time to analyze four years of data and determine if modifications are needed before the exemption expires.
Why they voted this way
The lawmaker supports the bill because it helps maintain competitiveness with other states and has already led to major expansions and job creation in her community's manufacturing sector.
R · H37
Why they voted this way
The lawmaker votes for the bill because testimony from business owners indicates it is vital for keeping people employed during an economic recession when many are struggling.
Why they voted this way
The lawmaker supports extending the exemption for one year to allow evaluation of its impact on the struggling soda ash industry in Southwest Wyoming, which is crucial to the state.
H50
Why they voted this way
The lawmaker supports passing the bill because expert testimony indicated that tax breaks do attract businesses and develop jobs, which brings in other revenue for the state.
H01
Why they voted this way
The lawmaker votes for the bill based on a philosophy that leaving money in the private sector allows businesses to grow, thereby broadening the tax base and increasing economic activity.
Why they voted this way
The lawmaker supports the bill and opposes the amendment due to concerns about high unemployment rates during a recession, implying that job loss is unacceptable for individuals or communities.
Why they voted this way
The speaker opposes the bill because it results in significant lost revenue for state and local governments, arguing that fiscal responsibility requires letting the exemption expire.
Why they voted this way
The speaker supports the bill because it allows for a review that could reduce costs by limiting exemptions while still achieving necessary job expansion and economic development.
If a lawmaker is not listed, we couldn't find a published reason.
Wyoming roll calls
5 roll calls
Official activity
Changes
2 stored
Withdrawn 3rd reading by LANDON
Failed Committee of the Whole by CONNOLLY