Bill > HB0311

This bill amends Wyoming's sales tax law to expand and clarify an existing tax exemption for power and fuel sales related to transportation by pipeline or railroad. The bill specifically modifies the exemption by removing ownership restrictions, meaning the tax exemption will now apply regardless of who owns the tangible personal property being transported. The bill also provides a new definition for "pipeline" as a system of connected pipes and equipment used to transport oil, natural gas, or other hydrocarbons from a well site to a delivery point, including intermediate transportation points. Additionally, the bill requires the state Department of Revenue to create rules implementing these changes and sets an effective date of July 1, 2025, for the substantive amendments. The underlying purpose appears to be providing a clear and consistent tax exemption for fuel and power used directly in transportation activities, with a particular focus on pipeline and railroad transportation sectors.

Budget and Finance

https://www.wyoleg.gov/Legislation/2025/HB0311