HB0093 • 2005

Tax exemption-rolling stock.

AN ACT relating to taxation and revenue; granting a sales tax exemption for the repair, assembly, alteration or improvement of railroad rolling stock as specified; and providing for an effective date.

Labor Taxes

Enacted

This bill passed the Legislature and reached final enactment based on the latest official action.

Sponsor: Representative Philp
Last action: 2005-03-03
Official status: enrolled
Effective date: 7/1/2005

Plain English Breakdown

The plain English breakdown is still being put together. The official documents below are already here.

Amendments

These notes stay tied to the official amendment files and metadata from the legislature.

HB0093HS001

Standing Committee • H03

Adopted

Plain English: Adopted Standing Committee by H03

This amendment summary is using official source text because generated interpretation was skipped for this run.
The official amendment text was available, but an easy plain-English summary could not be produced automatically during the last sync.

HB0093SS001

Standing Committee • PECK

Adopted

Plain English: Adopted Standing Committee by PECK

This amendment summary is using official source text because generated interpretation was skipped for this run.
The official amendment text was available, but an easy plain-English summary could not be produced automatically during the last sync.

Bill History

2005-03-03 Governor
Governor Signed HEA0116
2005-03-03 LSO
Assigned Chapter Number - 209
2005-03-02 Senate
S President Signed HEA No. 0116
2005-03-01 House
H Speaker Signed HEA No. 0116
2005-03-01 LSO
Assigned Number HEA0116
2005-03-01 House
H Did Concur
2005-02-28 Senate
S Passed 3rd Reading
2005-02-25 Senate
S Passed 2nd Reading
2005-02-24 Senate
S Passed CoW
2005-02-24 Senate
Amendment Adopted
2005-02-24 Senate
S Amendments Adopted
2005-02-17 Senate
S Placed on General File
2005-02-17 Senate
S03 Recommended Amend and Do Pass
2005-02-14 Senate
S Introduced and Referred to S03
2005-02-02 Senate
S Received for Introduction
2005-02-01 House
H Passed 3rd Reading
2005-01-31 House
H Passed 2nd Reading
2005-01-28 House
H Passed CoW
2005-01-28 House
Amendment Adopted
2005-01-28 House
H Amendments Adopted
2005-01-26 House
H Placed on General File
2005-01-26 House
H03 Recommended Amend and Do Pass
2005-01-14 House
H Introduced and Referred to H03
2005-01-11 House
H Received for Introduction
2005-01-04 LSO
Bill Number Assigned

Official Summary Text

2005 General Session Summary for HB0093

Bill
No.:
HB0093
Drafter:

MQ

LSO
No.:
05LSO-0408
Effective Date:

7/1/2005

Enrolled
Act No.:
HEA0116

Chapter
No.:
209

Prime
Sponsor:
Representative Philp

Catch
Title:
Tax exemption-rolling stock.

Subject:
Provides a
sales/use excise tax exemption for railroad rolling stock.

Summary/Major
Elements:

Grants a sales/use excise tax exemption for sales of tangible personal
property or services performed for the repair, assembly, alteration or
improvement of railroad rolling stock (railroad cars).

Report required: Wyoming business
council and the department of revenue are required to report annually during
the life of the exemption a history of employment in the railroad rolling stock
industry, history of wages and benefits and a comprehensive history of taxes
paid by that industry.

Exemption
is repealed effective July 1, 2015.

Current Bill Text

Read the full stored bill text

WORKING DRAFT

ORIGINAL HOUSE

BILL

NO.
0093

ENROLLED ACT NO. 116, HOUSE OF REPRESENTATIVES

FIFTY-EIGHTH LEGISLATURE OF THE STATE OF WYOMING
2005 GENERAL SESSION

AN ACT relating to taxation and revenue; granting a sales and use tax exemption for the repair, assembly, alteration or improvement of railroad rolling stock as specified; providing a sunset date; providing for annual reports; and providing for an effective date.

Be It Enacted by the Legislature of the State of Wyoming:

Section 1.
W.S. 39
‑
15
‑
105(a)(viii) by creating a new subparagraph (P) and 39
‑
16
‑
105(a)(viii) by creating a new subparagraph (E) are amended to read:

39
‑
15
‑
105.

Exemptions.

(a)

The following sales or leases are exempt from the excise tax imposed by this article:

(viii)

For the purpose of exempting sales of services and tangible personal property as an economic incentive, the following are exempt:

(P)

Sales of tangible personal property or services performed for the repair, assembly, alteration or improvement of railroad rolling stock. This subparagraph is repealed effective July 1, 2015.

39
‑
16
‑
105.

Exemptions.

(a)

The following purchases or leases are exempt from the excise tax imposed by this article:

(viii)

For the purpose of exempting sales of services and tangible personal property as an economic incentive, the following are exempt:

(E)

Purchases of tangible personal property or services performed for the repair, assembly, alteration or improvement of railroad rolling stock. This subparagraph is repealed effective July 1, 2015.

Section 2.

(
a)

The Wyoming business council and the department of revenue shall jointly report on or before December 1 of each year the exemption provided by this act is in effect to the joint minerals, business and economic development interim committee and the joint revenue interim committee. The report shall evaluate the cumulative effects of the exemption from initiation of the exemption and shall include:

(i)

A history of employment in the railroad rolling stock industry in terms of numbers of employees, full-time and part-time employees, and rate of turnover;

(ii)

A history of wages and benefits disaggregated by gender for each job category; and

(iii)

A comprehensive history of taxes paid to the state of Wyoming by companies in the railroad rolling stock industry.

Section 3.
This act is effective July 1, 2005.

(END)

Speaker of the House

President of the Senate

Governor

TIME APPROVED: _________

DATE APPROVED: _________

I hereby certify that this act originated in the House.

Chief Clerk

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