Sales tax holiday.

WORKING DRAFT
2007
STATE OF
WYOMING
07LSO-0125

HOUSE BILL
NO.
HB0073

Sales tax holiday.

Sponsored by:
Representative(s) Zwonitzer, Dn.

A BILL

for

AN ACT relating to taxation and revenue; providing for a sales tax holiday; providing exemptions regarding sales and use tax; providing for the duration of the sales tax holiday; indicating which items are exempt from sales and use tax during the sales tax holiday and which items are not exempt from the sales and use tax during the sales tax holiday; 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 (S) and 39
‑
16
‑
105(a)(viii) by creating a new subparagraph (H) 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:

(S)

The sales of clothing, computers and computer related equipment, school supplies and sports supplies, as provided by department rule and regulation, during a sales tax holiday subject to the following terms and conditions:

(I)

The exempt sale shall occur during the first weekend in August beginning on Friday at 12:01 a.m. and ending at 11:59 p.m. the following Sunday;

(II)

The exemption shall apply to the following items:

(1)

Clothing, including but not limited to footwear, hats, scarves and hosiery with a sales price of one hundred dollars ($100.00) or less per item;

(2)

Computers and computer related hardware, including but not limited to printers, monitors and carrying cases with a sales price of one thousand five hundred dollars ($1,500.00) or less per item;

(3)

School supplies, including but not limited to pens, pencils, paper, binders, notebooks, books, bookbags, lunchboxes and calculators with a sales price of fifty dollars ($50.00) or less per item;

(4)

Sports supplies with a sales price of fifty dollars ($50.00) or less per item;

(III)

The exemption shall not apply to the following items:

(1)

Sales of clothing accessories and equipment including jewelry, cosmetics, eyewear, wallets, watches and handbags;

(2)

Sales of protective equipment;

(3)

Sales of furniture;

(4)

Sales of an item for use in a trade or business;

(5)

Rentals;

(6)

Sales of computer software;

(7)

Layaway sales unless the final payment on a layaway order is made by, and the property is
received by
the purchaser during the exemption period.

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:

(H)

The purchase of clothing, computers and computer related equipment, school supplies and sports supplies, as provided by department rule and regulation, during a sales tax holiday subject to the following terms and conditions:

(I)

The exempt purchases must occur during the first weekend in August beginning on Friday at 12:01 a.m. and ending at 11:59 p.m. the following Sunday;

(II)

The exemption shall apply to the following items:

(1)

Clothing, including but not limited to footwear, hats, scarves and hosiery with a sales price of one hundred dollars ($100.00) or less per item;

(2)

Computers and computer related hardware, including but not limited to printers, monitors and carrying cases with a sales price of one thousand five hundred dollars ($1,500.00) or less per item;

(3)

School supplies, including but not limited to pens, pencils, paper, binders, notebooks, books, bookbags, lunchboxes and calculators with a sales price of fifty dollars ($50.00) or less per item;

(4)

Sports supplies with a sales price of fifty dollars ($50.00) or less per item;

(III)

The exemption shall not apply to the following items:

(1)

Purchases
of clothing accessories and equipment including jewelry, cosmetics, eyewear, wallets, watches and handbags;

(2)

Purchases
of protective equipment;

(3)

Purchases
of furniture;

(4)

Purchases
of an item for use in a trade or business;

(5)

Rentals;

(6)

Purchases
of computer software;

(7)

Layaway
purchases
unless the final payment on a layaway order is made by, and the property is
received by
the purchaser during the exemption period.

Section 2.

This act is effective July 1, 2007.

(END)

1
HB0073