HB0143 • 2011

Manufacturing tax exemption.

AN ACT relating to taxation and revenue; extending the sales and use tax exemption for manufacturing equipment as specified; amending related reporting requirements; and providing for an effective date.

Taxes

Enacted

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

Sponsor: Representative Miller
Last action: 2011-03-02
Official status: enrolled
Effective date: 7/1/2011

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.

HB0143H2001

2nd reading • BURKHART

Adopted

Plain English: Adopted 2nd reading by BURKHART

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.

HB0143H3001

3rd reading • ROSCOE

Failed

Plain English: Failed 3rd reading by ROSCOE

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.

HB0143SS001

Standing Committee • HINES

Adopted

Plain English: Adopted Standing Committee by HINES

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

2011-03-02 LSO
Assigned Chapter Number
2011-03-02 Governor
Governor Signed HEA0043
2011-02-24 Senate
S President Signed HEA No. 0043
2011-02-24 House
H Speaker Signed HEA No. 0043
2011-02-23 LSO
Assigned Number HEA0043
2011-02-22 House
H Did Concur
2011-02-18 House
H Received for Concurrence
2011-02-18 Senate
S Passed 3rd Reading
2011-02-17 Senate
S Passed 2nd Reading
2011-02-16 Senate
S Passed CoW
2011-02-16 Senate
S Amendments Adopted
2011-02-16 Senate
Amendment Adopted
2011-02-04 Senate
S Placed on General File
2011-02-04 Senate
S03 Recommended Amend and Do Pass
2011-01-28 Senate
S Introduced and Referred to S03
2011-01-28 Senate
S Received for Introduction
2011-01-26 House
H Passed 3rd Reading
2011-01-26 House
Amendment Failed
2011-01-25 House
H Passed 2nd Reading
2011-01-25 House
H Amendments Adopted
2011-01-25 House
Amendment Adopted
2011-01-24 House
H Passed CoW
2011-01-21 House
H Placed on General File
2011-01-21 House
H03 Recommended Do Pass
2011-01-14 House
H Introduced and Referred to H03
2011-01-14 House
H Received for Introduction
2011-01-13 LSO
Bill Number Assigned

Official Summary Text

Bill No.: <billno> Drafter: <drafterinit>

Bill No.:
HB0143
Drafter:

MQ

LSO No.:
11LSO-0221
Effective Date:

7/1/2011

Enrolled Act No.:
HEA0043

Chapter No.:
83

Prime Sponsor:
Representative
Miller

Catch Title:
Manufacturing
tax exemption.

Subject:
Extends the
sales and use tax exemption for manufacturing equipment and amends reporting
requirements.

Summary/Major Elements:

Extends the expiration date
for the sales/use tax exemption for manufacturing equipment from December 31,
2011 to December 31, 2017.

Comments:

Report Required -
Amends the
reporting requirements for any person utilizing the exemption. If requested by
the department of revenue, any person shall report to the department of revenue
the amount of sales/use tax exempted, the number of jobs created or impacted by
the utilization of the exemption, and a history of employment in terms of
numbers of employees, full-time and part-time as classified by the North
American Industry Classification System (NAICS).

Current Bill Text

Read the full stored bill text

WORKING DRAFT

ORIGINAL HOUSE
BILL

NO.
0143

ENROLLED ACT NO. 43, HOUSE OF REPRESENTATIVES

SIXTY-FIRST LEGISLATURE OF THE STATE OF
WYOMING
2011 GENERAL SESSION

AN ACT relating to
taxation and revenue; extending the sales and use tax exemption for manufacturing equipment as specified; amending related reporting requirements;
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)(O)
(intro), (b)(intro) and (i)
and 39
‑
16
‑
105(a)(viii)(D)
(intro)
, (b)(intro) and (i)
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:

(O)

Until December 31,
2011

201
7
, the sale or lease of machinery to be used in this state directly and predominantly in manufacturing tangible personal property, if the sale or lease:

(b)

The Wyoming business council
, the department of employment
and the department of revenue shall jointly report to the joint revenue interim committee on or before December 1 of each year that the exemption provided by subparagraph (a)(viii)(O)
,
(R)
or (S)
of this section is in effect.
If requested by the department of revenue, any person utilizing the exemption under subparagraph (a)(viii)(O) of this section shall report to the department the amount of sales tax exempted, and the number of jobs created or impacted by the utilization of the exemption.

The report shall evaluate the cumulative effects of each exemption that is in effect from initiation of the exemption and shall include:

(i)

A history of employment in terms of numbers of employees, full-time and part-time employees and rates of turnover

classified by the 2007 edition
, as amended,
of the North American Industry Classification System (NAICS) code manufacturing section 31 – 33 from information collected by the department of employment
;

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:

(D)

Until December 31,
2011

201
7
, the purchase or lease of machinery to be used in this state directly and predominantly in manufacturing tangible personal property, if the sale or lease:

(b)

The
Wyoming
business council and the department of revenue shall jointly report to the joint revenue interim committee on or before December 1 of each year that the exemption provided by subparagraph (a)(viii)(D), (G) or (H) of this section is in effect.

If requested by the department of revenue, any person utilizing the exemption under subparagraph (a)(viii)(D) of this section shall report to the department the amount of use tax exempted, and the number of jobs created or impacted by the utilization of the exemption.
The report shall evaluate the cumulative effects of each exemption that is in effect from initiation of the exemption and shall include:

(i)

A history of employment in terms of numbers of employees, full-time and part-time employees and rates of turnover

classified by the
2007 edition
, as amended,
of the
North American Industry Classification System (NAICS) code manufacturing section 31 – 33 from information collected by the department of employment
;

Section
2
.
This act is effective July 1, 2011.

(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

1