This bill proposes an increase in fuel taxes in Wyoming, specifically adjusting the tax rates for gasoline, diesel, and alternative fuels. The total tax on gasoline will rise from 24 cents to 29 cents per gallon for the period from July 1, 2026, to June 30, 2027, and will increase to 34 cents per gallon thereafter. Similarly, the license tax on gasoline will increase from 23 cents to 28 cents per gallon during the same initial period, with a subsequent increase to 33 cents per gallon. The bill also outlines similar increases for diesel and alternative fuels, with the total tax on diesel and alternative fuels set to follow the same schedule as gasoline.
Additionally, the bill amends the distribution of collected taxes, increasing the amounts credited for fuel used in snowmobiles, motorboats, and off-road recreational vehicles. For instance, the amount credited for snowmobiles will rise from $28.75 to $35.00 for the initial period and to $41.25 thereafter. The amounts for motorboats and off-road vehicles will see similar increases. The act is set to take effect on July 1, 2026.
Statutes affected: 26LSO-0064 v0.8: 39-17-104, 39-17-111, 39-17-204, 39-17-304