Loading chat...
WY HB0279
Bill
Status
Passed
3/17/2025
Primary Sponsor
Kenneth Clouston
Click for details
AI Summary
- When multiple property tax exemptions apply to the same property, the Wyoming Department of Revenue shall determine the manner in which they are applied, with exemptions applied sequentially so each subsequent exemption reduces the already-modified assessed value
- Percentage-based exemptions must be applied in order from smallest percentage to largest percentage, and non-percentage-based exemptions must be applied after all percentage-based exemptions
- Appropriates $10,500,000 from the general fund to the Department of Revenue for the property tax refund program under W.S. 39-13-109(c)(v), available through June 30, 2026
- The $10.5 million appropriation is reduced dollar-for-dollar by any amount appropriated for the same property tax refund program in 2025 Senate File 0001 or 2025 House Bill 0001, if either is enacted into law
- Effective immediately upon completion of all acts necessary to become law
Legislative Description
Property tax exemptions-order of application.
Last Action
Assigned Chapter Number 147
3/17/2025
Committee Referrals
Revenue1/27/2025
Full Bill Text
No bill text available