Wyoming does not have many subsidy programs but notably, lacks a state corporate income tax. The Business Ready Community program provides loans and grants to finance infrastructure development for use by businesses, which is reported in an inconsistent format. The program also includes a component that provides a grant to offset utility expenses for data centers for three years. The greatest failure of the BRC program is its poor expenditure reporting over the last five years, with new reports often aggregating data over large intervals of time and across multiple programs, effectively obscuring the true impact of the expenditure from the public.
There is no cost reporting in the state Annual Comprehensive Financial Reports (ACFRs), but the Department of Revenue does publish annual reports on the data center and manufacturing sales tax exemption with basic analyses—the only ones that exist. No localities in Wyoming reported tax abatements in accordance with Statement No. 77 as of FY 2022.
Our database tracking corporate misconduct, Violation Tracker, scours 450 federal, state and local agencies in compiling resolved civil and criminal cases against companies. See the list of state agencies from which we collect information in Wyoming.
Last Updated November 2023