Sales tax distribution rates.

SF 127 revises how Wyoming distributes sales and use tax revenue. It reduces the state general fund's share of these taxes from 69% to 66% for both sales and use tax collections. The bill also increases the portion of out-of-state vendor tax revenue distributed to counties, cities, and towns from 29.5% to 34%, and doubles the fixed annual payments to counties (from $20,000 to $40,000 for sales tax, and from $5,000 to $10,000 for use tax). These changes take effect on July 1, 2024.