Wyoming2006Inactive
HB0097
Wyoming Property Tax Assessment Rate Change
Last scannedOct 19, 2026, 2:19 AM
In one sentence
This bill lowers the property tax assessment rate for most property and provides state funds to counties and the school foundation fund to replace lost revenue.
What it does
- Changes the taxable value of all other real and personal property from 9.5% to 8.25% of fair market value.
- Appropriates up to $74 million from the budget reserve account to the Department of Revenue for the period from January 1, 2007, through June 30, 2009.
- Authorizes the Department of Revenue to distribute funds to counties based on actual assessed valuations of property subject to the new assessment rate.
- Appropriates up to $15 million from the budget reserve account to the State Treasurer for the period from January 1, 2007, through June 30, 2009.
- Authorizes the State Treasurer, in cooperation with the Department of Revenue, to distribute funds to the school foundation fund based on actual assessed valuations of property subject to the new assessment rate.
- Sets the effective date of the act as January 1, 2007.
Who it affects
- Property owners in Wyoming who hold real or personal property classified as 'all other property.'
- Wyoming counties that receive distributed funds from the Department of Revenue.
- The school foundation fund that receives distributed funds from the State Treasurer.
- The Department of Revenue and the State Treasurer, which manage the distribution of funds.
Limits and unknowns
- The bill is marked as inactive, meaning it did not pass in the 2006 session.
- The funding period for distributions ends on June 30, 2009.
- Unobligated funds must return to the budget reserve account on June 30, 2009.
Plain language
Terms to know
- Taxable value
- A percentage of the fair market value of property used to calculate property taxes.
- Budget reserve account
- A state fund from which money is taken to pay for the distributions described in the bill.
- School foundation fund
- A fund that receives money to support school revenues.
Official record
Sources
Public statements
Why lawmakers voted
Last checked Aug 8, 7:05 PM
Couldn't find a published reason.
Wyoming roll calls
Recorded votes
2 roll calls
H Committee Returned Bill Pursuant to HR 4-3(b) 2-7-0-0-02006-03-11 · House2 yes 7 no
- Yes
- 2
- No
- 7
- Absent
- 0
- Excused
- 0
- Conflict
- 0
H Introduced and Referred to H03; No Report Prior to CoW Cutoff 45-14-1-0-02006-02-16 · House45 yes 14 no
- Yes
- 45
- No
- 14
- Absent
- 0
- Excused
- 1
- Conflict
- 0
Yes 45
Alan C JonesH25Ann RobinsonH58Becket HinckleyH41Bill ThompsonH60Bruce BarnardH49David R EdwardsH06David R MillerH55Deborah AldenH03Del McOmieH54Douglas OsbornH40Edward BuchananH04Elaine HarveyH26Erin E Mrs. MercerH53Frank PhilpH34Gerald GayH36Jack D Landon Jr.H30James C HagemanH05Jane WarrenH13Jerry IekelH29Jim SlaterH46John HastertH39Kathleen DavisonH20Keith M GingeryH23Kermit C BrownH14Kevin A WhiteH45Larry MeuliH08Layton D MorganH12Lorraine K QuarbergH28Mark SemlekH01Marty A MartinH48Mick PowersH18Monte OlsenH22Owen PetersenH19Pat ChildersH50Peter S IllowayH42Randall B LuthiH21Rodney "Pete" AndersonH10Rosie M BergerH51Stephen D WattH17Steve HarshmanR · H37Thomas A LockhartH57Tom Lubnau IIH31Tom WalshH56Zwonitzer, DK.Zwonitzer, DL.
No 14
Excused 1
Official activity
Bill history
- H Committee Returned Bill Pursuant to HR 4-3(b)House
- H Introduced and Referred to H03; No Report Prior to CoW CutoffHouse
- H Received for IntroductionHouse
- Bill Number AssignedLSO