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the committee wrestled with how to account for cities and counties that already levy a lodging tax.

Time:2018-12-04 23:16Underwear site information Click:

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Black Hills Energy seeks to cut rates after saving on taxes

(AP) – The utility serving Wyoming’s largest city has asked state regulators to decrease energy rates in response to last year’s corporate tax cuts by the federal government.

Black Hills Energy is seeking authority to reduce rates by $5.5 million. Utility representatives said they don’t know how much of a reduction the average residential customer can expect until a decision is made.

The Wyoming Tribune Eagle reports the company has already lowered rates in some Colorado and Nebraska communities.

In Nebraska, natural gas customers on average were expected to see a $9 reduction in their energy bills.

The tax cut lowered corporate tax rates from 35 percent to 21 percent.

Black Hills has 1.2 million customers in eight states and is Cheyenne’s main electric utility.

Legislative committee endorsed lodging tax proposal

(AP) – A bill that would levy a 5 percent lodging tax in Wyoming has won the endorsement of a legislative panel.

The bill endorsed Thursday by the Joint Revenue Committee will be presented to the full Legislature when it meets in January.

Before approving the proposal, the committee wrestled with how to account for cities and counties that already levy a lodging tax. The concern was that the new statewide tax would impose too high of a tax burden.

The panel decided the best solution was to delay part of the statewide tax in jurisdictions with lodging taxes until those local taxes expire.

Under the proposal, 3 percent of the statewide tax will fund tourism promotion efforts. The other 2 percent of the tax will go to local governments.

Panel endorses tobacco tax compact bill

(AP) – An interim legislative panel has endorsed a bill that would seek a compact between the state of Wyoming and its two tribes on levying tobacco taxes.

Currently, tobacco products sold on the Wind River Indian Reservation are not subject to state taxes, meaning they are cheaper to purchase on the reservation than elsewhere in the state.

The draft bill endorsed Wednesday by the Joint Revenue Committee directs the governor to negotiate a compact with the Northern Arapaho and Eastern Shoshone tribes to levy the same amount of taxes on tobacco products sold on the reservation.

In exchange, the tribes would keep the revenue from the tax and be able to spend the money as they wish.

The bill will be presented to the full Legislature when it meets in January.

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