Electrical generation tax and rebate program.

HB 288 proposes a 2.3% tax on electricity production in Wyoming starting January 1, 2024, paid by electricity producers (like power plants and utilities). It exempts electricity from federal/state government facilities and small personal use under 500 kWh daily. The bill creates a rebate program where producers can receive credits against other Wyoming taxes (like sales or severance taxes) for the electricity tax paid. The Department of Revenue would administer the tax, requiring annual reports by February 1 and imposing penalties for late payments (up to 25% of tax owed). Note: This bill died in committee in 2023 and is not law.