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WY HB0124

Bill

Status

Failed

2/10/2026

Primary Sponsor

Tony Locke

Click for details

Origin

House of Representatives

2026 Budget Session

AI Summary

  • Reduces the annual growth cap on property tax exemptions for single family residential structures from 4% to 2%
  • Reduces the annual growth cap on property tax exemptions for improved land associated with single family residences from 4% to 2%
  • Exemptions apply to assessed value increases that exceed the prior year's assessed value plus the allowed percentage
  • Effective date: July 1, 2026

Legislative Description

Property tax exemption reduction.

Last Action

Failed Introduction 31-29-2-0-0

2/10/2026

Full Bill Text

No bill text available