The bill amends existing laws regarding local sales and use taxes in Wyoming, specifically increasing the number of local entities required to approve tax propositions from fifty percent (50%) to two-thirds (2/3) of incorporated municipalities within a county. It also reduces the time between elections for specified local sales and use taxes, allowing for a two-year initial term for these taxes instead of four years. Additionally, the bill repeals provisions related to the optional municipal sales and use tax, streamlining the process for tax propositions and their continuance.

Furthermore, the bill specifies that any municipal sales and use taxes approved prior to the effective date of this act will remain in effect until January 1, 2027. Municipalities that approved a sales and use tax for a four-year period during the 2024 general election will be required to vote on the tax again at the 2028 general election and at every general election thereafter. The act is set to take effect on January 1, 2026.

Statutes affected:
Introduced: 39-15-203, 39-15-204, 39-16-203, 39-16-204, 39-15-211, 39-16-211