HB0169 • 2020

Sales and use tax increase.

AN ACT relating to taxation; increasing the state sales and use tax rates; and providing for an effective date.

Taxes

Did Not Pass

The latest official action shows that this bill did not move forward in that session.

Sponsor: Representative Connolly
Last action: 2020-02-12
Official status: inactive
Effective date: 3/1/2020

Plain English Breakdown

The official source does not provide details on distribution of additional revenue, only that it would follow existing rules.

Increase in State Sales and Use Taxes

The bill proposes to raise the state sales and use tax rates from four percent to five percent starting July 1, 2020.

What This Bill Does

Increases the state's sales tax rate by one percent, making it five percent.
Increases the state's use tax rate by one percent, also making it five percent.

Who It Names or Affects

Residents of Wyoming who buy goods or services subject to sales tax.
Businesses operating within Wyoming that collect sales taxes on behalf of the state.

Terms To Know

Sales Tax: A tax charged by retailers when selling products or providing certain services, collected from customers and paid to the government.
Use Tax: A tax that consumers must pay directly to the state for items they buy out-of-state but use in Wyoming, if no sales tax was already charged at purchase.

Limits and Unknowns

The bill did not pass and failed introduction on February 12, 2020.
It is unclear how this increase would affect the state's budget or residents' spending habits.

Bill History

2020-02-12 House
H Failed Introduction 12-48-0-0-0
2020-02-11 House
H Received for Introduction
2020-02-10 LSO
Bill Number Assigned

Current Bill Text

Read the full stored bill text

20LSO-0474
2020
STATE OF WYOMING
20LSO-0474
Numbered
2.0

HOUSE BILL NO. HB0169

Sales and use tax increase.

Sponsored by: Representative(s) Connolly, Sweeney and Zwonitzer and Senator(s) Case and Rothfuss

A BILL

for

AN ACT relating to taxation; increasing the state sales and use tax rates; 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) and 39
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16
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104 by creating a new subsection (g) are amended to read
:

39
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15
‑
104.

Taxation rate.

(h)

Effective July 1, 2020, 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 sales tax rate under subsections (a) and (b) of this section was increased from four percent (4%) to five percent (5%). The revenue from this increase shall be distributed in the same manner as other sales tax revenue under those subsections.

39
‑
16
‑
104.

Taxation rate.

(g)

Effective July 1, 2020, 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 rate under subsections (a) and (b) of this section was increased from four percent (4%) to five percent (5%). The revenue from this increase shall be distributed in the same manner as other use tax revenue under those subsections.

Section 2
.

This act is effective July 1, 2020
.

(END)

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HB0169