Child tax credit.

25LSO-0438
2025
STATE OF WYOMING
25LSO-0438
Introduced
2.0

HOUSE BILL NO. HB0104

Child tax credit.

Sponsored by: Representative(s) Yin

A BILL

for

AN ACT relating to taxation; providing for a child tax credit; specifying application requirements; specifying payment of refunds for taxes paid; providing an appropriation; specifying applicability; and providing for an effective date.

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

Section 1.

W.S. 39
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109(d) is amended to read:

39
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109.

Taxpayer remedies.

(d)

Credits.
There are no specific applicable provisions for credits for this chapter.
The following shall apply:

(i)

Each full time resident of Wyoming shall be entitled to a credit against any taxes paid to Wyoming for each child of the person. The credit shall be two hundred dollars ($200.00) per child. In no case shall the credit authorized under this paragraph exceed the total taxes paid by the person to a tax jurisdiction in Wyoming in the applicable tax year. The credit shall be administered as follows:

(A)

Each person shall apply to the department for the credit under this paragraph in a manner and form required by the department not later than March 1 of each year following the applicable tax year. Each applicant shall provide information required by the department to determine the following:

(I)

That the person resided in Wyoming for the majority of the tax year;

(II)

The number of children residing in Wyoming for the majority of the tax year who are claimed by the applicant as dependents;

(III)

That no other person is claiming any of the claimed children as dependents; and

(IV)

The amount of taxes paid by the applicant to Wyoming in the applicable tax year. If the applicant is only claiming to have paid sales and use taxes to Wyoming and does not have documentation of the amount of sales and use taxes paid in the tax year, the department may determine a reasonable amount of sales and use taxes paid, not to exceed four hundred dollars ($400.00).

(B)

Following approval of an application, the department shall provide a refund as determined under this paragraph to each applicant in the amount of one dollar ($1.00) of credit per one dollar ($1.00) of taxes paid to Wyoming, not to exceed two hundred dollars ($200.00) per child of the applicant. Refunds shall be provided out of funds appropriated to the department for that purpose. In the event funds appropriated to the department are insufficient to provided full refunds under this subparagraph, refunds shall be prorated based on the available funds and the number and amount of approved refunds.

Section 2.

There is appropriated five million dollars ($5,000,000.00) from the general fund to the department of revenue for the purposes of providing child tax credit refunds as provided in W.S. 39
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109(d) as amended by section 1 of this act. This appropriation shall be for the period beginning with the effective date of this act and ending June 30, 2026. This appropriation shall not be transferred or expended for any other purpose and any unexpended, unobligated funds remaining from this appropriation shall revert as provided by law on June 30, 2026. It is the intent of the legislature that this appropriation be included in the department's standard budget for the immediately succeeding fiscal biennium.

Section 3.

The department shall adopt rules necessary to enable applications for child tax credit refunds under W.S. 39
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109(d) as amended by section 1 of this act not later than January 1, 2026 for taxes paid in the 2025 tax year.

Section 4
.

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)

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HB0104