WY SF0089

Amends W.S. 15-10-107 to require that municipal or county property used for housing projects must be 100% owned by the municipality, county, or an agency under their full and complete control to qualify for tax and special assessment exemptions

Portions of housing projects used for profit-making enterprises remain ineligible for the tax exemption, with allowances made for municipal/county expenditures on utilities and public services provided to the property

Municipalities or counties may make payments in lieu of taxes to other public bodies as consistent with maintaining low-rent housing character

Applies to all taxpayers, cities, towns, and counties beginning January 1, 2026

Takes effect immediately upon completion of all acts necessary for the bill to become law