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WY SF0076

WY SF0076
Distribution of taxes on large electrical loads.


summary

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

Introduced Session

2026 Budget Session

Bill Summary

AN ACT relating to sales tax; specifying the distribution of taxes on sales of very large electrical loads; providing a definition; providing reporting requirements; specifying applicability; and providing for an effective date.

AI Summary

This bill defines a "very large electrical load" as an electrical load of at least 100 megawatts for a single customer and requires vendors selling electricity to such loads to report these sales separately. Importantly, all sales tax revenue collected from these very large electrical loads will be deposited into a newly created "local government distribution account," with funds to be distributed to cities, towns, and counties as determined by the legislature, and this new distribution rule will take effect on July 1, 2026, applying to taxes approved by voters on or after that date.

Sponsors (1)

Last Action

Failed Introduction 17-13-1-0-0 (on 02/10/2026)

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