Railroad rolling stock.

WORKING DRAFT
2013
STATE OF
WYOMING
13LSO-0513

SENATE FILE
NO.
SF0111

R
ailroad rolling stock.

Sponsored by:
Senator(s) Cooper and Bebout and Representative(s) Campbell and Davison

A BILL

for

AN ACT relating to
sales and use tax; extending the sales and use tax exemption for the repair, assembly, alteration or improvement of
railroad rolling stock; providing a sunset date;
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)
(Q)
and 39
‑
16
‑
105(a)(viii)(F)
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:

(Q)

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 This subparagraph is repealed effective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

2020
;

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:

(F)

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 This subparagraph is repealed effective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,
201
5

2020
;

Section 2.

This act is effective immediately upon completion of all acts necessary for a bill to become law as provided by Article 4, Section 8 of the Wyoming Constitution.

(END)

1
SF0111