The bill amends the powers of the state board of equalization in Wyoming, specifically regarding its authority to decide questions related to the assessment, levy, and collection of taxes. It introduces new legal language that clarifies the board's authority to address questions related to its adjudicative and regulatory functions. The board is now empowered to consider issues not raised by the parties involved and is not limited to the legal interpretations presented by them. This change aims to enhance the board's ability to make comprehensive decisions regarding tax-related matters.

Additionally, the bill specifies that the board shall hear appeals from county boards of equalization and review final decisions of the department upon application from any adversely affected interested person. It also ensures that any decisions or orders made by the board prior to the effective date of this act, which is set for July 1, 2023, will remain unaffected. Overall, the bill seeks to strengthen the operational framework of the state board of equalization in handling tax-related questions and appeals.