The bill proposes a sales tax exemption for sales of electricity in the state of Wyoming. Specifically, it amends existing law to include a new exemption under W.S. 39-15-105(a) for sales of electricity intended for domestic, industrial, or commercial consumption. This change is reflected in the addition of a new paragraph (xi) to the exemptions section, which explicitly states that sales of electricity will not be subject to the excise tax imposed by the state.

Additionally, the bill modifies the imposition of the excise tax by clarifying that the sales price paid to public utilities for electricity is exempt if it falls under the newly established exemption. The effective date for this legislation is set for July 1, 2025.

Statutes affected:
Introduced: 39-15-103, 39-15-105