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HB0135

Small Business Investment Credit Employee Limit Change

Last scannedOct 18, 2026, 2:19 AM

In one sentence

This law increases the maximum number of employees a business can have to qualify for a tax credit available to insurance companies.

What it does

  • Increases the maximum number of employees for a qualified business from 100 to 250.
  • Allows insurance companies to earn a credit against premium taxes for investing in qualified small businesses.
  • Sets the effective date as immediately upon completion of all acts necessary for a bill to become law.

Who it affects

  • Insurance companies that invest in small businesses.
  • Businesses with between 101 and 250 employees that seek investment.

Limits and unknowns

  • The source does not list other requirements for a business to be qualified besides the employee count.
  • The source does not specify the dollar amount of the tax credit per investment.

Plain language

Terms to know

Qualified business
A business that meets specific rules, including having 250 or fewer employees, to be eligible for the investment credit.
Premium taxes
Taxes that insurance companies pay based on the premiums they collect.

Official record

Sources

Source checked
Read the official summary

Bill No.: <billno> Drafter: <drafterinit> Bill No.: HB0135 Drafter: ARM LSO No.: 14LSO-0408 Effective Date: Immediate Enrolled Act No.: HEA0051 Chapter No.: CH0076 Prime Sponsor: Representative Stubson Catch Title: Small business investment credit-number of employees. Subject: Investment credit against insurance premium taxes for investments in qualified small businesses. Summary/Major Elements: The Wyoming small business investment credit program provides insurance companies with credit against premium taxes due based upon investment in qualified small businesses. This act increases the maximum number of employees for a qualified business from one hundred to two hundred fifty employees.

Public statements

Why lawmakers voted

Last checked Aug 7, 12:32 PM

Couldn't find a published reason.

Wyoming roll calls

Recorded votes

5 roll calls

S Passed 3rd Reading 27-3-0-0-02014-03-05 · Senate27 yes 3 no
S03 Recommended Do Pass 3-2-0-0-02014-02-27 · Senate3 yes 2 no
H Passed 3rd Reading 46-12-1-0-12014-02-24 · House46 yes 12 no
H03 Recommended Do Pass 5-3-1-0-02014-02-17 · House5 yes 3 no
H Introduced and Referred to H03 48-12-0-0-02014-02-13 · House48 yes 12 no

Official activity

Bill history

  1. Assigned Chapter NumberLSO
  2. Governor Signed HEA0051Governor
  3. S President Signed HEA No. 0051Senate
  4. H Speaker Signed HEA No. 0051House
  5. Assigned Number HEA0051LSO
  6. S Passed 3rd ReadingSenate
  7. S Passed 2nd ReadingSenate
  8. S Passed CoWSenate
  9. S Placed on General FileSenate
  10. S03 Recommended Do PassSenate
  11. S Introduced and Referred to S03Senate
  12. S Received for IntroductionSenate
  13. H Passed 3rd ReadingHouse
  14. H Passed 2nd ReadingHouse
  15. H Passed CoWHouse
  16. H Placed on General FileHouse
  17. H03 Recommended Do PassHouse
  18. H Introduced and Referred to H03House
  19. H Received for IntroductionHouse
  20. Bill Number AssignedLSO