Electrical generation tax.

HB 300 imposes a 3.5% tax on electricity producers in Wyoming, effective January 1, 2026, based on their annual gross energy earnings from electricity generated within the state. It directly affects utility companies and power generators, while exempting electricity produced by the federal or state government and small personal use (under 500 kWh daily). Producers must report annual revenue by February 1 and pay the tax by the same deadline, with penalties of 5% per 30 days for late filing. The tax revenue will be collected by the Wyoming Department of Revenue and distributed per the bill’s provisions.