This bill amends the taxation structure for skill-based amusement games in Wyoming by increasing the tax rate on net proceeds from 20% to 25%. Additionally, it revises the distribution of tax revenues, reducing the shares allocated to local counties and cities, as well as the public school foundation program account, from 45% to 36% each. The commission gaming account's share is also decreased from 10% to 8%. A new allocation of 20% of the tax revenue is introduced, which will be directed to the state highway fund.
The changes aim to enhance funding for the state highway fund while adjusting the distribution percentages for local and educational funding. The bill is set to take effect on July 1, 2026.
Statutes affected: 26LSO-0130 v0.4: 11-25-304