Bill
# HB113
Insurance payments-not taxable
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Summary
Bill Description
AN ACT relating to taxation and revenue; exempting insurance damage settlement payments from sales and use taxation; and providing for an effective date.
Notes
The purpose of this bill is to limit the State of Wyoming from the application of sales tax more than once on the same article of tangible property for the same taxpayer. It includes exclusions for the trade-in values of vehicles from being taxed, the amount of insurance payments used to replace vehicles, trailers and semitrailers among others. Passing this bill puts in place common sense measures that keeps the State from double dipping into your wallet.
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In Commitee
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Governor's Desk
House
Senate
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Waiting for Committee Assignment
In Commitee
In Commitee
In Chamber
In Chamber
To next chamber
Governor's Desk
In the House waiting for a vote