SF0008 - Sales & use tax-local option extension.

 

2001

State of Wyoming

01LSO-0150.E1 ENGROSSED

 

 

 

SENATE FILE NO.  SF0008

 

 

Sales & use tax-local option extension.

 

Sponsored by:  Joint Revenue Interim Committee

 

 

A BILL

 

for

 

 1  AN ACT relating to taxation and revenue; specifying the
 2  term of the continuation of a local option sales and use
 3  tax as specified; specifying applicability of the act; and
 4  providing for an effective date.

 5 

 6  Be It Enacted by the Legislature of the State of Wyoming:

 7 

 8         Section 1.  W.S. 39-15-203(a)(i)(F) by creating a new
 9  subdivision (VI) and 39-16-203(a)(i)(F) by creating a new
10  subdivision (VI) are amended to read:

11 

12         39-15-203.  Imposition.

13 

14         (a)  Taxable event.  The following shall apply:

15 

 

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 1              (i)  The following provisions apply to imposition
 2  of the general purpose excise tax under W.S.
 3  39-15-204(a)(i):

 4 

 5                   (F)  In lieu of the requirements of
 6  subparagraph (C) of this paragraph providing for the
 7  submission of the proposition at subsequent elections, the
 8  tax authorized under W.S. 39-15-204(a)(i) may be continued
 9  subject to the following terms and conditions:

10 

11                         (VI)  The term of the continuation of
12  the tax under this subparagraph shall not exceed four (4)
13  years.  Any subsequent renewal of the tax shall be pursuant
14  to the procedures provided in subparagraph (C) of this
15  paragraph.

16 

17         39-16-203.  Imposition.

18 

19         (a)  Taxable event.  The following shall apply:

20 

21              (i)  The following provisions apply to imposition
22  of the general purpose excise tax under W.S.
23  39-16-204(a)(i):

24 

 

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 1                   (F)  In lieu of the requirements of
 2  subparagraph (C) of this paragraph providing for the
 3  submission of the proposition at subsequent elections, the
 4  tax authorized under W.S. 39-15-204(a)(i) may be continued
 5  subject to the following terms and conditions:

 6 

 7                         (VI)  The term of the continuation of
 8  the tax under this subparagraph shall not exceed four (4)
 9  years.  Any subsequent renewal of the tax shall be pursuant
10  to the procedures provided in subparagraph (C) of this
11  paragraph.

12 

13         Section 2.  This act shall apply to any tax continued
14  under the provisions of W.S. 39-15-203(a)(i)(F) or
15  39-16-203(a)(i)(F) on or after the effective date of this
16  act.

17 

18         Section 3.  This act is effective July 1, 2001.

19 

20                         (END)

 

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