Sales and use tax rate.

2018
STATE OF WYOMING
18LSO-0333
Numbered
1.2

HOUSE BILL

NO.
HB0184

Sales and use tax rate.

Sponsored by:
Representative(s) Dayton and Connolly and Senator(s) Anselmi-Dalton

A BILL

for

AN ACT relating to sales and use tax; increasing the sales and use tax rate; revising distribution of the existing sales and use tax; providing for distribution of the additional tax; and providing for an effective date.

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

Section 1
.

W.S. 39
‑
15
‑
104 by creating a new subsection (h), 39
‑
15
‑
111(b)
(intro)
(i), (iii)
(intro)
and by creating a new subsection (p), 39
‑
16
‑
104 by creating a new subsection (g)
and
39
‑
16
‑
111(b)
(intro)
(i), (iii)
(intro)
and by creating a new subsection (p) are amended to read:

39
‑
15
‑
104
.

Taxation rate.

(h)

In addition to the sales tax under subsections (a) and (b) of this section, there is imposed an additional sales tax of one percent (1%) which shall be administered as if the sale tax rates under subsections (a) and (b) of this section were increased from four percent (4%) to five percent (5%). The revenue from the increase under this subsection shall be distributed as provided in W.S. 39
‑
15
‑
111(p).

39
‑
15
‑
111
.

Distribution.

(b)

Revenues earned under W.S. 39
‑
15
‑
104 during each fiscal year shall be recognized as revenue during that fiscal year for accounting purposes. For all revenue collected by the department under W.S.
39
‑
15
‑
104

39
‑
15
‑
104(a) and (b)
the department shall:

(i)

Credit
sixty
‑
nine percent (69%)

forty
‑
nine percent (49
%)
to the state general fund for deposit by the state treasurer except as provided by subsections (c) and (d) of this section and less any credit allowed pursuant to W.S. 39
‑
15
‑
107(b)(xi);

(iii)

From the remaining share, until June 30, 2004, deduct an amount equivalent to one
‑
half percent (0.5%) and thereafter deduct an amount equivalent to one percent (1%) of the tax collected under W.S.
39
‑
15
‑
104
39
‑
15
‑
104(a) and (b)
. From this amount, the department shall distribute until June 30, 2004, twenty thousand dollars ($20,000.00) and thereafter forty thousand dollars ($40,000.00) annually to each county in equal monthly installments and then distribute the remainder to each county in the proportion that the total population of the county bears to the total population of the state. The balance shall then be paid monthly to the treasurers of the counties, cities and towns for payment into their respective general funds. The percentage of the balance that will be distributed to each county and its cities and towns will be determined by computing the percentage that net sales taxes collected attributable to vendors in each county including its cities and towns bear to total net sales taxes collected of vendors in all counties including their cities and towns. Subject to subsection (h) of this section, this percentage of the balance shall be distributed within each county as follows:

(p)

For all revenue collected by the department under W.S. 39
‑
15
‑
104(h) the department shall distribute the revenue to each county in the proportion that the total population of the county bears to the total population of the state. The distribution within each county, for payment into the general fund of the city, town or county, shall be as
determined in subparagraphs (b)(iii)(A) and (B) of this section.

39
‑
16
‑
104
.

Taxation rate.

(g)

In addition to the use tax under subsections (a) and (b) of this section, there is imposed an additional use tax of one percent (1%) which shall be administered as if the use tax rates under subsections (a) and (b) of this section were increased from four percent (4%) to five percent (5%). The revenue from the increase under this subsection shall be distributed as provided in W.S. 39
‑
16
‑
111(p).

39
‑
16
‑
111
.

Distribution.

(b)

Revenues earned under this article during each fiscal year shall be recognized as revenue during that fiscal year for accounting purposes.
For all r
evenue collected by the department
from the taxes imposed by this article shall be transferred to the state treasurer who shall, as specified by the department

under W.S. 39
‑
1
6
‑
104(a) and (b) the department shall
:

(i)

Credit
sixty
‑
nine percent (69%)

forty
‑
nine
percent
(49%)
for deposit by the state treasurer to the general fund except as provided by subsections (d) and (e) of this section and less any credit allowed pursuant to W.S. 39
‑
16
‑
107(b)(viii);

(iii)

From the remaining share, until June 30, 2004, deduct an amount equivalent to one
‑
half percent (0.5%) and thereafter deduct an amount equivalent to one percent (1%) of the tax collected under W.S.
39
‑
16
‑
104
39
‑
16
‑
104(a) and (b)
. From this amount, the department shall distribute until June 30, 2004, five thousand dollars ($5,000.00) and thereafter ten thousand dollars ($10,000.00) annually to each county in equal monthly installments and then distribute the remainder to each
county in the proportion that the total population of the county bears to the total population of the state. The remainder shall then be paid monthly to the treasurers of the counties, cities and towns for payment into their respective general funds. The percentage of the remainder that will be distributed to each county and its cities and towns will be determined by computing the percentage that net use taxes collected attributable to vendors in each county including its cities and towns bear to total net use taxes collected of vendors in all counties including their cities and towns. The distribution shall be as follows:

(p)

For all revenue collected by the department under W.S. 39
‑
16
‑
104(g) the department shall distribute the revenue to each county in the proportion that the total population of the county bears to the total population of the state. The distribution within each county, for payment into the general fund of the city, town or county, shall be
as determined in subparagraphs (b)(iii)(A) and (B) of this section.

Section 2
.

This act is effective July 1, 201
8
.

(END)

1
HB0184