Hobby firearm dealers.

WORKING DRAFT
2011
STATE OF
WYOMING
11LSO-0167

HOUSE BILL
NO.
HB0054

Hobby firearm dealers.

Sponsored by:
Representative(s) Illoway, Cannady, Jaggi, Lubnau and Quarberg and Senator(s) Case and Meier

A BILL

for

AN ACT relating to
taxation and revenue; providing a sales and use tax exemption for occasional sales of firearms as specified;
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 (T) and 39
‑
16
‑
105(a)(viii) by creating a new subparagraph (J) 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:

(T)

Occasional sales of firearms, firearms accessories or ammunition as defined by W.S. 6
‑
8
‑
403 by a person who is not required to obtain a federal firearms license under 18 U.S.C. section
s
921 through 931 since he makes occasional sales, exchanges or purchases of firearms, firearms accessories or ammunition for the enhancement of a personal collection or for a hobby, or who sells all or part of his personal collection of firearms, or a person who makes occasional repairs or who occasionally fits special barrels, stocks or trigger mechanisms to firearms as provided by 18 U.S.C. section 921(a)(21).

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:

(J)

Occasional sales of firearms, firearms accessories or ammunition as defined by W.S. 6
‑
8
‑
403 by a person who is not required to obtain a federal firearms license under 18 U.S.C. section
s
921 through 931 since he makes occasional sales, exchanges or purchases of firearms, firearms accessories or ammunition for the enhancement of a personal collection or for a hobby, or who sells all or part of his personal collection of firearms, or a person who makes occasional repairs or who occasionally fits special barrels, stocks or trigger mechanisms to firearms as provided by 18 U.S.C. section 921(a)(21).

Section 2.

This act is effective immediately upon co
m
pletion of all acts necessary for a bill to become law as provided by Article 4, Section 8 of the Wyoming Constit
u
tion.

(END)

1
HB0054