Wyoming2024Did Not Pass
HB0147
Electrical Generation Tax
Last scannedOct 14, 2026, 2:19 AM
In one sentence
This act imposes an excise tax on electricity production in Wyoming, sets rules for reporting and payment, provides exemptions, and outlines penalties for non-compliance.
What it does
- Imposes a three-and-one-half percent (3.5%) excise tax on the annual gross energy earnings from electricity produced in Wyoming starting January 1, 2025.
- Exempts electricity produced by federal or state government facilities and for personal use up to five hundred kilowatt hours per day.
- Requires producers to report their earnings and pay taxes annually by February 1st of the following year.
- Imposes penalties and interest on late payments and non-compliance with tax rules.
Who it affects
- Electricity producers in Wyoming who sell electricity produced within the state.
Limits and unknowns
- The bill did not pass in its session.
- Details on how tax proceeds will be distributed among different government entities are incomplete.
Plain language
Terms to know
- Excise Tax
- A tax placed on specific goods or activities, like producing and selling electricity.
- Gross Energy Earnings
- The total income from the sale of energy before any deductions are made.
Official record
Sources
Official activity
Bill history
- H Did not Consider for IntroductionHouse
- H Received for IntroductionHouse
- Bill Number AssignedLSO