WY SJ0003

Proposes a constitutional amendment to Article 15, Section 11 of the Wyoming Constitution to eliminate property taxes on residential real property by setting the assessment rate at 0% of full value

Requires two-thirds approval from both legislative chambers, followed by ratification by a majority of Wyoming voters at the next general election

Removes the legislature's existing authority to create a subclass of residential property for owner-occupied primary residences, as all residential property would be exempt

Modifies industrial property tax limits to reference "all other property other than minerals and residential real property" rather than comparing to residential rates

Sponsored by the Joint Revenue Interim Committee for the 2026 legislative session