Bill

Bill > SF0058


WY SF0058

Elimination of sales tax on firearms.


summary

Introduced
01/16/2025
In Committee
02/10/2025
Crossed Over
01/28/2025
Passed
Dead
03/03/2025

Introduced Session

2025 General Session

Bill Summary

AN ACT relating to sales and use tax; providing an exemption from sales and use tax for firearms and ammunition; providing applicability; and providing for an effective date.

AI Summary

This bill eliminates sales tax on firearms, ammunition, and archery equipment in Wyoming, creating a new exemption in both the sales tax and use tax laws. Specifically, the bill adds new provisions that remove the state sales and use taxes on purchases of firearms and ammunition, using the definitions found in Wyoming statute 6-8-403. The bill also extends this tax exemption to archery equipment, which is defined as including bows, crossbows, arrows, bolts, arrow points, and broadheads. The tax exemption will take effect on July 1, 2025, meaning that from that date forward, consumers in Wyoming will not have to pay state sales tax when purchasing firearms, ammunition, or archery equipment. This legislation appears designed to reduce the cost of these items for consumers and potentially support hunting, sporting, and self-defense interests by making such equipment more affordable.

Committee Categories

Budget and Finance

Sponsors (9)

Last Action

H:Died in Committee Returned Bill Pursuant to HR 5-4 (on 03/03/2025)

bill text


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