The bill establishes a "back to school" sales and use tax holiday in Wyoming, which will occur annually during the first weekend in August, starting at 12:01 a.m. on the first Friday and ending at 11:59 p.m. on the following Sunday. It amends existing law to include exemptions for the sales of clothing, computers, computer hardware, computer software, school supplies, and sports equipment during this holiday. The bill specifies that school supplies include items such as pens, pencils, paper, and backpacks, while sports equipment pertains to goods intended for school sports or activities.

Additionally, the bill outlines certain exclusions from the tax holiday, including clothing items priced at $100 or more, computer hardware priced at $1,500 or more, and school supplies or sports equipment priced at $50 or more. It also excludes clothing accessories, items purchased for resale, and rentals from the exemption. The effective date for this act is set for July 1, 2023.

Statutes affected:
Introduced: 39-15-105, 39-16-105