Post by Logan on May 4, 2016 10:04:42 GMT -6
CHEYENNE — A Wyoming legislative committee is considering whether to allow local governments to impose an optional tax on grocery purchases.
The state’s Joint Revenue Committee has set the grocery tax proposal for preliminary consideration at its scheduled meeting next week in Douglas. Other tax proposals on the agenda at the meeting include hiking state property tax to pay for school construction and increasing the tax on wind energy production.
Wyoming is looking for new sources of tax receipts in response to falling revenues from coal and other energy sources.
Gov. Matt Mead announced last month that state agencies must cut their budgets for the two-year funding period that starts July 1 by 8 percent to cover expected shortfalls.
Read more: trib.com/news/state-and-regional/govt-and-politics/updated-wyoming-legislative-panel-weighs-tax-hikes-as-revenues-drop/article_a48c1761-00ac-52ae-8793-f4291af34a82.html
The state’s Joint Revenue Committee has set the grocery tax proposal for preliminary consideration at its scheduled meeting next week in Douglas. Other tax proposals on the agenda at the meeting include hiking state property tax to pay for school construction and increasing the tax on wind energy production.
Wyoming is looking for new sources of tax receipts in response to falling revenues from coal and other energy sources.
Gov. Matt Mead announced last month that state agencies must cut their budgets for the two-year funding period that starts July 1 by 8 percent to cover expected shortfalls.
Read more: trib.com/news/state-and-regional/govt-and-politics/updated-wyoming-legislative-panel-weighs-tax-hikes-as-revenues-drop/article_a48c1761-00ac-52ae-8793-f4291af34a82.html