This bill amends existing sales and use tax laws in Wyoming to provide exemptions for the sales and purchases of firearms, ammunition, and archery equipment. Specifically, it adds new subparagraphs to W.S. 39-15-105 and W.S. 39-16-105, which outline the exemptions. The bill defines "ammunition" and "firearm" according to W.S. 6-8-403(a)(i) and W.S. 6-8-403(a)(iii), respectively, and specifies that "archery equipment" includes bows, crossbows, arrows, bolts, arrow points, and broadheads.

The exemptions will take effect for sales and purchases occurring on or after July 1, 2025. This legislation aims to encourage the purchase of these items by removing the associated excise tax, thereby providing an economic incentive for consumers in Wyoming.

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