Buffalo Chamber Backing HB 19's Internet Sales Tax

Angela Fox
Angela Fox

The Buffalo Chamber of Commerce is backing House Bill 19, the “Sales Tax From Remote Vendor” bill, which would implement a sales tax on internet sales in the state.

Angela Fox, CEO of the Buffalo Chamber of Commerce, is asking Buffalo and Johnson County residents to contact lawmakers in Cheyenne to give their opinions on the bill.

According to information in an e-mail recently sent out by the chamber, the bill would close a loophole in state law that puts local businesses at a disadvantage.
The chamber explained that large on-line retailers would be required, if the bill is passed, to collect state sales tax local businesses already collect.

The internet-based businesses that would be affected are those that have at least $100,000 in sales or 200 transactions in the state per year.
The tax isn't new, according to the chamber. Local businesses already collect and pay sales taxes to the state for purchases made in their stores, but HB19 will hold big-box online retailers to the same standard and collect Wyoming's sales tax on their internet sales.

Amazon has already announced they will voluntarily comply and begin collecting the state's sales taxes on sales to Wyoming residents as of March 1st, according to a news release from Governor Matt Mead's office earlier this month.

Buffalo Chamber CEO Angela Fox explains further.

The chamber also says HB19 will help local city and county governments that rely on sales taxes for revenue to pay for services such as police, fire, snow removal and other services.

The bill will add up to an estimated $23 million per year to be shared among local governments in the state.

House Bill 19 has already been approved in the House and is currently in the Senate Revenue Committee for debate.

AttachmentSize
02-02-41.mp3547.82 KB
SheridanWyoming.com

Send us a News Tip!

Have a news tip?
Use our anonymous form to let us know.