CASPER, Wyo. (AP) - A Wyoming interim legislative panel is looking at proposals that would raise new revenue for the cash-strapped state.
Five of the proposals before the Joint Revenue Committee would raise existing taxes.
The proposals offered include broadening the sales tax, raising the property tax, adding a temporary half-percent sales tax, increasing the tax on wine and spirits, increasing the beer tax and finding a new way to tax tourism.
Committee co-chairman Rep. Mike Madden, of Buffalo, tells the Casper Star-Tribune (https://bit.ly/2ivMFC2 ) that not all the proposals are going to move forward.
The Legislature’s leadership tasked the Revenue Committee with recommending three proposals to raise revenue.
The state is currently facing a $530 million deficit in the education fund for the two-year budget cycle that begins next year.
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Information from: Casper (Wyo.) Star-Tribune, https://www.trib.com
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