Energy production inventory exemption.

HB 120 exempts from Wyoming property taxes energy production equipment temporarily stored in the state before installation. It directly affects businesses storing specialized energy equipment (like wind turbines or solar panels) for future use in energy production facilities. The law defines "energy production equipment" to include items for natural gas, coal, wind, solar, hydro, or nuclear energy, but excludes standard building materials or construction tools. This exemption applies only during temporary storage prior to installation and takes effect July 1, 2019.