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Revenue Committee hears mixed views, tables proposed electricity‑generation tax after split testimony
Summary
Legislative Service Office presented a draft electricity‑generation tax (LSO 189) that would tax in‑state electricity generation while providing credits for taxes already paid; the committee heard fiscal estimates and broad stakeholder comment and voted to table the draft for interim study.
The Legislative Service Office briefed the Revenue Committee on a draft electricity‑generation tax (26LSO189) that would impose a tax on the privilege of producing electricity in Wyoming, paired with credits for excise, severance, sales and ad valorem taxes paid in the year of production and an exemption from sales tax on electricity sales.
Matt Sackett (LSO fiscal analyst) outlined LSO's modeling based on Energy Information Administration (EIA) data and said a narrow net revenue could result after credits and distribution changes; he…
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