Budget & Taxes

Wyoming's SF 96 clarifies that tobacco wholesalers cannot sell nicotine products to anyone under 21. It extends tobacco taxation to cigars and pipe tobacco, setting a maximum tax rate of 20% or $0.30 per cigar, and requires remote sellers (online retailers) to obtain a license and pay this tax on sales to Wyoming consumers. The bill also defines key terms like "remote retail sale" (online orders with delivery) and "wholesaler" to clarify who must comply. This directly affects tobacco wholesalers, remote online sellers, and consumers purchasing cigars or pipe tobacco in Wyoming.

SF 86 creates the Wyoming Property Tax Relief Authority to provide financial assistance for property taxes to qualifying homeowners. The authority would administer a loan program offering funds to Wyoming residents who own their primary residence and face increased property tax burdens. It authorizes the issuance of bonds to fund the program, with repayment secured by dedicated revenues. The bill also requires that loan application details remain confidential and not subject to public disclosure under the Public Records Act.

Wyoming's SF 64 creates the Wyoming Housing Revolving Loan Program to address affordable housing shortages. It provides loans to local governments, housing authorities, and nonprofits for new construction, rehabilitation, or land acquisition of affordable and workforce housing (80% of funds), plus zero-interest loans for planning and predevelopment (20% of funds). The program is funded by a $30 million transfer from the Strategic Investments Account (if not repealed), with repaid loans replenishing the fund. All loans require state attorney general certification and annual reporting to the legislature on fund usage and project outcomes.

This bill (SF 76) requires separate reporting of sales tax for electricity consumed by "very large electrical loads" (defined as 100+ megawatts for a single customer) and directs the resulting tax revenue into a new "local government distribution account." The funds in this account will be distributed to cities, towns, and counties as determined by the legislature. It applies only to taxes approved by voters on or after July 1, 2026, and requires vendors to report these large-scale electricity sales separately on monthly tax returns. The bill does not change tax rates but alters how revenue from these specific sales is distributed.

This bill proposes amending Wyoming's constitution to eliminate property taxes on residential homes. It would change Article 15, Section 11(b) to set the tax rate for residential property at 0%, meaning no property tax would be assessed on residential real estate. The amendment requires voter approval at the next general election to take effect. It directly affects all Wyoming homeowners who currently pay property tax on their primary residences.