2002

State of Wyoming

02LSO-0139.W1

 

 

WORKING DRAFT

 

 

HOUSE BILL NO.      

 

 

Sales & use tax-increase.

 

Sponsored by:  Joint Revenue Interim Committee

 

 

A BILL

 

for

 

AN ACT relating to taxation and revenue; increasing the sales and use tax rate as specified; and providing for an effective date.

 

Be It Enacted by the Legislature of the State of Wyoming:

 

Section 1.  W.S. 39-15-104(a) and (b) and 39-16-104(b) are amended to read:

 

39-15-104.  Taxation rate.

 

(a)  Except as provided by W.S. 39-15-105 there is levied and shall be paid by the purchaser on all sales an excise tax of three percent (3%) four percent (4%) upon all events as provided by W.S. 39-15-103(a).

 

(b)  Effective July 1, 1993, In addition to the sales tax under subsection (a) of this section, except for sales under W.S. 39-15-105(a)(viii)(H), there is imposed an additional sales tax of one percent (1%) which shall be administered as if the sales tax rate under subsection (a) of this section was increased from three percent (3%) to four percent (4%) to five percent (5%).  The revenue from these increases shall be distributed in the same manner as other sales tax revenue under those sections.

 

39-16-104.  Taxation rate.

 

(b)  Effective July 1, 1993, In addition to the use tax under subsection (a) of this section, there is imposed an additional use tax of one percent (1%) which shall be administered as if the use tax rates under subsection (a) of this section were increased from three percent (3%) to four percent (4%) to five percent (5%).  The revenue from these increases shall be distributed in the same manner as other use tax revenue under that subsection.

 

Section 2.  This act is effective July 1, 2002.

 

(END)