HB 40 Wyoming House · 2025 Regular Session

Sales and use tax revisions.

HB 40 revises Wyoming's sales and use tax laws to align use tax rules with sales tax provisions. It clarifies key definitions (like "vendor," now including remote sellers and digital marketing activities), extends the manufacturing machinery tax exemption until December 2027, and updates licensing requirements for businesses. The bill also introduces a new credit for businesses reporting taxes - allowing up to 1.95% of the first $6,250 in tax owed for reporting costs. These changes primarily affect businesses selling tangible goods in Wyoming, streamlining compliance and tax collection.
Bill status signed all 5 stages cleared
Introduction
Jan 2025
Committee Review
Feb 2025
House Passage
Jan 2025
Senate Passage
Feb 2025
Signed into Law
Feb 2025
Introduced Jan 16, 2025 Signed Feb 24, 2025
Maddy AI version diff · 1 comparison

What changed between versions

Introduced Enrolled · 6 edits · Feb 24, 2025
MODERATE
This bill updates Wyoming's sales and use tax laws by clarifying definitions, extending an exemption for manufacturing machinery until 2027, and modernizing compliance procedures including electronic payments and credit incentives for timely tax payments.
Scope change
The bill expands the definition of 'Vendor' to include remote sellers and those engaging in systematic advertising, and extends the machinery manufacturing tax exemption deadline from its previous date to December 31, 2027.
DEFINITION

Expanded the definition of 'Vendor' to include remote vendors and those who systematically advertise in Wyoming, ensuring broader tax collection from online and mail-order sellers.

EXEMPTIONS

Extended the tax exemption for machinery used in manufacturing tangible personal property until December 31, 2027, providing continued economic incentive for manufacturers.

REQUIREMENT

Updated license fee requirements and reinstatement procedures for vendors, including fees for remote vendors and streamlined sales tax agreement users.

ENFORCEMENT

Added provisions allowing county treasurers to use collection agencies or civil actions to recover unpaid taxes, interest, and penalties from nonresident owners.

FISCAL

Introduced a credit system for vendors who pay taxes on time, offering a percentage credit against accounting expenses up to a $500 monthly limit.

TECHNICAL

Updated electronic payment fee limits for county treasurers to three percent and clarified receipt requirements for use tax collections.

Floor votes · Senate Feb 20, 2025 · House Jan 27, 2025

How they voted

301
Passed
Total votes 31
Feb 20, 2025
D Democratic2
2 Yea
100% Yea
R Republican29
28 Yea 1 Nay
96% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
20
Key actions
7
Committee
4
Feb 24, 2025
Signed into law
Governor Signed HEA No. 0020
legislature
Feb 20, 2025
Upper · Passed
S 3rd Reading:Passed 30-1-0-0-0
upper
Feb 18, 2025
Upper · Passed
S COW:Passed
upper
Feb 18, 2025
Upper · Passed
S03 - Revenue:Recommend Do Pass 5-0-0-0-0
upper
Feb 10, 2025
Introduced
S Introduced and Referred to S03 - Revenue
upper
Jan 27, 2025
Lower · Passed
H 3rd Reading:Passed 61-0-1-0-0
lower
Jan 23, 2025
Lower · Passed
H COW:Passed
lower
Jan 21, 2025
Lower · Passed
H03 - Revenue:Recommend Do Pass 7-1-1-0-0
lower
Jan 16, 2025
Introduced
H Introduced and Referred to H03 - Revenue
lower
0 primary · 0 co-sponsors

Sponsors

No sponsor information available.