WY HB0045

Exemption equals 50% of fair market value for primary residences owned by persons 65+ who have paid Wyoming residential property tax for 25+ years, capped at $3,000,000 in fair market value

Application deadline changed from the fourth Monday in May to March 1 each year

After initial sworn claim, subsequent years require only a confirmation contact (phone, mail, or other method) to the assessor's office by March 1

Primary residence defined as property where claimant resides at least 8 months per year; when selling and buying within Wyoming, months in both residences count toward the requirement

Owners receiving this exemption cannot also claim a voter-approved homeowner's property tax exemption if one is enacted; repeals the sunset date from 2024 Session Laws Chapter 106; effective July 1, 2026