WY SF0079

Consolidates Wyoming's separate sales tax (Chapter 15) and use tax (Chapter 16) statutes into a single unified "Sales and Use Tax Act" within Chapter 15, eliminating duplicative provisions across the two chapters

Renames the statute from "Selective Sales Tax Act of 1937" to "Sales and Use Tax Act" and adds definitions for use tax terms including "purchase price," "storage," and "use"

Establishes that the state preempts local governments from imposing sales or use taxes on tangible personal property except as specifically authorized by state law

Requires county treasurers to remit use taxes collected to the Department of Revenue monthly and authorizes reimbursement of 5% of use tax collected to county general funds

Effective July 1, 2026 for most provisions, with electronic lien and title system amendments effective July 1, 2027; existing use taxes imposed before July 1, 2026 continue under prior administration methods