Bill

Bill > SF0061


WY SF0061

WY SF0061
Motor vehicle sales to family members-not taxable.


summary

Introduced
02/10/2026
In Committee
02/20/2026
Crossed Over
02/19/2026
Passed
Dead

Introduced Session

2026 Budget Session

Bill Summary

AN ACT relating to taxation and revenue; providing a sales tax and use tax exemption to the purchase or transfer of a motor vehicle to family members as specified; making conforming amendments; and providing for an effective date.

AI Summary

This bill exempts the sale or transfer of a motor vehicle between immediate family members from sales and use taxes, which are taxes on the purchase of goods and services. "Immediate family member" is defined to include parents, children, spouses, siblings, stepparents, stepchildren, and stepsiblings. For this exemption to apply, the person selling or gifting the vehicle must have already paid the required sales or use tax when they originally acquired it, and the transaction must be between these specified family members. The bill also clarifies that vehicles transferred under this exemption will be considered exempt for the purposes of this chapter, and it will take effect on July 1, 2026.

Committee Categories

Budget and Finance, Transportation and Infrastructure

Sponsors (13)

Last Action

House Transportation (00:00:00 2/26/2026 Capitol Extension Room E003 & Online) (on 02/26/2026)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...