Wyoming2025Inactive
HB0300
Electrical Generation Tax
Last scannedOct 23, 2026, 2:19 AM
In one sentence
This act imposes an excise tax on electricity production in Wyoming, provides for credits against other taxes paid, and sets up rules for administration and penalties.
What it does
- Imposes a new excise tax of 3.5% on the annual gross energy earnings from electricity produced in Wyoming starting January 1, 2026.
- Provides credits to producers who pay other taxes such as sales or use taxes in Wyoming.
- Gives the Department of Revenue authority to make rules for enforcing this tax law.
- Imposes penalties on those who do not file returns or pay their taxes on time.
Who it affects
- Electricity producers in Wyoming
- Local governments that may receive funds from the electricity production tax
Limits and unknowns
- The bill did not pass in the current session and is marked as inactive.
- Details on how funds will be distributed to local governments have not been fully explained.
Plain language
Terms to know
- Excise Tax
- A special tax on a specific product or activity, like making or selling something.
- Gross Energy Earnings
- The total money earned from producing and selling electricity before any costs are subtracted.
Official record
Sources
Official activity
Bill history
- H:Died in Committee Returned Bill Pursuant to HR 5-4House
- H No report prior to CoW CutoffHouse
- H Introduced and Referred to H09 - MineralsHouse
- H Received for IntroductionHouse
- Bill Number AssignedLSO