Sales and use tax payments-large facilities.

This bill allows Wyoming cities, towns, or counties to enter 20-year contracts with businesses constructing industrial facilities, enabling them to pay sales and use taxes related to construction over time (with 1-3% interest) instead of upfront. After 20 years, the annual payment amount becomes a permanent property tax on the facility for the remainder of its life. Revenue from these payments is distributed as 69% to the state general fund, 1% for administrative costs, and the remainder to the local government(s) where the facility is located. It directly affects industrial facility developers and local governments managing tax revenue.