Repeal of sales tax on electricity.

This bill (SF 85) removes the sales tax on electricity sales to public utilities and providers for domestic, industrial, or commercial use in Wyoming. It directly affects electricity providers and consumers by eliminating this tax, but only if Wyoming imposes a 3.5% tax on the annual gross energy earnings from electricity produced in the state. The key provision requires an equivalent alternative tax on electricity production to take effect alongside the sales tax repeal. The bill would take effect on July 1, 2024, if passed.