Bill > HB0107

This bill establishes a new system for distributing a portion of state sales and use taxes to local governments, meaning cities, towns, and counties, by creating a statutory funding formula based on population and other factors. Specifically, seven percent of collected sales and use taxes will be transferred from the general fund to the office of state lands and investments for distribution. This amount will be divided, with the majority going to cities and towns and the remainder to counties, through a complex formula that considers per capita sales and use tax revenues, assessed property values, and in the case of cities and towns, a "revenue challenged formula" designed to assist those receiving lower per capita distributions. The bill also outlines specific uses for these funds, stating they are not intended for salary adjustments, additional personnel, or increased personnel benefits, nor for compensation to appointed board members unless legally required. This new distribution system is set to take effect on July 1, 2026.

Budget and Finance

Appropriations (Joint)

https://www.wyoleg.gov/Legislation/2026/HB0107