The bill amends existing laws regarding local sales and use taxes in Wyoming, specifically increasing the number of local entities required to approve such taxes 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 from four years to two years, allowing for more frequent voter input on these taxes. Additionally, the bill repeals provisions related to the optional municipal sales and use tax, streamlining the process for tax imposition and continuation.

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 hold a vote on the tax again at the 2028 general election and subsequently 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