This bill proposes a sales tax exemption for sales of electricity in the state of Wyoming. It amends existing law by adding a new exemption under W.S. 39-15-105(a) that specifically states that sales of electricity for domestic, industrial, or commercial consumption will be exempt from the excise tax. Additionally, it modifies W.S. 39-15-103(a)(i)(E) to clarify that the sales price paid to public utilities for electricity is subject to tax only to the extent that it is not exempt under the new provision.

The effective date for this legislation is set for July 1, 2025, allowing time for implementation and adjustment by relevant stakeholders. This change aims to alleviate the tax burden on consumers and businesses that rely on electricity, promoting economic activity and potentially lowering costs for end-users.

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