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Appropriations Committee backs redirecting vehicle sales tax revenue to highway fund, 3-2
Summary
The committee voted 3-2 to advance House Bill 33, a bill to redirect the state portion of vehicle sales tax revenue from the general fund to the Wyoming Highway Fund; proponents said the change would provide tens of millions annually to state transportation needs.
The Appropriations Committee voted 3-2 to advance House Bill 33, a committee bill that would redirect the state-side portion of vehicle sales tax revenue from the general fund into the Wyoming Highway Fund, producing an estimated $60 million to $69 million per year depending on distribution assumptions.
Darren Westby, Director of the Wyoming Department of Transportation, described the bill at a high level: "The bill is to take the state side portion of the sales tax on vehicles, and redirect them from the general fund to the highway fund." He told the committee the fiscal-note estimate shown in the packet represented about a $69 million annual impact under prior distribution…
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