The Agricultural Land Valuation Study Committee Meeting has been scheduled for Thursday,

July 21st, 2022 from 10:00 a.m. until Noon. The meeting will be held in Cheyenne at the

Herschler Building, in Room W053/054. This meeting is for discussion relating to the

Department of Revenue's Agricultural Land Valuation Study and its associated appraisal

methodology.

Legislative Updates

During the 2021 Legislative session, legislation was introduced to extend the sunset date on

W.S. 39-15-105(a)(viii)(O) which exempts sales of tangible personal property or services

performed for the repair, assembly, alteration or improvement of railroad rolling stock. The

Legislature did not move any bill forward to extend the sunset date on this exemption.

Therefore, effective July 1, 2021, this exemption will be repealed.

Effective July 1, 2021, there will be an increase from 12% to 20% in the collection fee on Sales/Use Tax Accounts that have been referred or will be referred to an external collection agency.