Manufacturing Tax Exemption Moves Forward
Cheyenne, WY – A bill that's been in the works for several years was approved on general file Monday by the Wyoming House. The legislation would provide a sales tax exemption on manufacturing equipment. Supporters claim a lack of such an exemption has kept some businesses from coming to the state. Cheyenne Representative Pete Illoway says it costs his community a key business last year. He told fellow representatives that if they think Wyoming's low taxes are enough to bring in new companies, they should talk to the companies that decide to "go south." Casper Representative Roy Cohee says other states have such exemptions, so they are trying to even the playing field. The bill moves to second reading.