Wyoming Legislature, Roads and Sales Tax Revenues
- Feb 24, 2012 | Susan McLain
UPDATE: 3/16/2012. HB 40 Signed into law, allowing the one-cent portion of a local optional tax designated for routine maintenance and operations to be used for one-time major maintenance, renovation or reconstruction of specific sections of roads.
3/6/2012 - The Senate passed HB40 17 to 13 and is now headed to the Governor's house for signing.
The Wyoming House of Representatives has approved redirecting the allocation of a one-cent portion of local sales tax, according to Tax Analysts. Originally designated for routine maintenance and operations, the revenue indicated in House Bill 40 (HB40) is being redirected to be used for "Specific purposes [that] may include the major maintenance, renovation or reconstruction of specific sections of public roadways."
The modification of how the sales tax can be used will go into effect July 1, 2012.