summary
Introduced
01/22/2025
01/22/2025
In Committee
Crossed Over
Passed
Dead
03/03/2025
03/03/2025
Introduced Session
2025 General Session
Bill Summary
AN ACT relating to sales and use taxes; repealing the sales and use tax on services performed for the repair, alteration or improvement of tangible personal property; making conforming changes; requiring rulemaking; and providing for effective dates.
AI Summary
This bill repeals the sales and use tax on services performed for repairing, altering, or improving tangible personal property in Wyoming. Specifically, the bill removes language from existing tax statutes that previously imposed sales tax on these types of services, effectively eliminating the tax burden on repair and improvement services. The bill requires the Wyoming Department of Revenue to adopt any necessary rules to implement this tax repeal by July 1, 2025. While most of the bill takes effect immediately upon becoming law, the actual tax repeal sections (Sections 1 and 2) will not become effective until July 1, 2025, which gives businesses and the state time to prepare for the change. The legislation aims to reduce tax costs for consumers and businesses by removing the sales tax on services related to repairing or improving personal property such as equipment, machinery, or other tangible items.
Committee Categories
Budget and Finance
Sponsors (8)
Lee Filer (R)*,
Rob Geringer (R)*,
J.T. Larson (R)*,
Ann Lucas (R)*,
Daniel Singh (R)*,
Darin Smith (R)*,
Jacob Wasserburger (R)*,
Cody Wylie (R)*,
Last Action
H:Died in Committee Returned Bill Pursuant to HR 5-4 (on 03/03/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.wyoleg.gov/Legislation/2025/HB0126 |
| BillText | https://www.wyoleg.gov/2025/Introduced/HB0126.pdf |
| Fiscal Note | https://www.wyoleg.gov/2025/Fiscal/HB0126.pdf |
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