HB0236 Tax exemption-agricultural repair and parts.

Plain English Breakdown

The bill is inactive and no longer moving in the current session.

Tax Exemption for Agricultural Repair Parts

The bill modifies the sales and use tax exemption on repair and replacement parts for farm implements in Wyoming.

What This Bill Does

Modifies the definition of 'farm implements' to include servicing, repair, and replacement parts.

Excludes vehicles titled under chapter 2 of title 31, snowmobiles, lawn tractors, and all-terrain vehicles from being considered farm implements.

Who It Names or Affects

Farmers and agricultural businesses that purchase repair or replacement parts for their equipment.

Terms To Know

farm implements

Any tractor or machinery designed exclusively for agricultural operations, excluding vehicles like snowmobiles and all-terrain vehicles.

Limits and Unknowns

The bill is marked as inactive by Wyoming's legislature.

It does not specify the exact impact on tax revenue or farmer costs.

Bill History

2023-02-07 House

H:Died in Committee Returned Bill Pursuant to HR 5-4

2023-02-07 House

H No report prior to CoW Cutoff

2023-01-26 House

H Introduced and Referred to H05 - Agriculture

2023-01-25 House

H Received for Introduction

2023-01-24 LSO

Bill Number Assigned

Current Bill Text

Read the full stored bill text

23LSO-0073
2023
STATE OF WYOMING
23LSO-0073
Numbered
2.0

HOUSE BILL NO. HB0236

Tax exemption-agricultural repair and parts.

Sponsored by: Representative(s) Northrup and Senator(s) Laursen, D

A BILL

for

AN ACT relating to taxation and revenue; modifying a sales and use tax exemption on repair and replacement parts for the service of farm implements; 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)(H) and 39
‑
16
‑
105(a)(vii)(B) 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:

(H)

The sale
and servicing
of farm implements
and any repair or replacement parts for those farm implements
. For purposes of this subparagraph, "farm implements" means any tractor or other machinery designed or adapted and used exclusively for agricultural operations and specifically excludes any vehicle titled under chapter 2 of title 31, snowmobiles, lawn tractors
,

and
all
‑
terrain vehicles
;
and repair or replacement parts;

39
‑
16
‑
105.

Exemptions.

(a)

The following purchases or leases are exempt from the excise tax imposed by this article:

(vii)

For the purpose of exempting sales of services provided primarily to businesses, exemptions shall be as specified by the legislature and as follows:

(B)

The purchase
and servicing
of farm implements
and any repair or replacement parts for those farm implements
. For purposes of this subparagraph, "farm implements" means any tractor or other machinery designed or adapted and used exclusively for agricultural operations and specifically excludes any vehicle titled under chapter 2 of title 31, snowmobiles, lawn tractors
,

and
all
‑
terrain vehicles
.
and repair or replacement parts.

Section 2
.

This act is effective July 1, 2023
.

(END)

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HB0236