Wyoming skills upgrade training tax credit.

HB 303 creates a tax credit for Wyoming businesses in healthcare, energy, manufacturing, mining, agriculture processing, research, telecommunications, and tourism that have operated in the state for at least three consecutive years. The credit covers up to 50% of approved costs for employee skills training programs, such as instructor fees and materials, designed to enhance productivity or prepare workers for new roles. Businesses must submit detailed training proposals to the Wyoming Business Council for pre-approval before starting programs, and approved costs are then forwarded to the state tax department. Unused credits can be carried forward for up to 10 years, but businesses cannot claim more than one credit per 10-year period.