This bill amends current 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. Under these amendments, sales of firearms and ammunition, as well as archery equipment—which includes bows, crossbows, arrows, bolts, arrow points, and broadheads—will be exempt from excise tax. Definitions for "ammunition" and "firearm" are referenced from W.S. 6-8-403.

The effective date for these exemptions is set for July 1, 2025, meaning that the new tax provisions will apply to all relevant sales and purchases occurring on or after that date. This legislation aims to incentivize the purchase of these items by removing the associated tax burden.

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