Wyoming2024Inactive

HB0127

Property Tax Exemption for Certain Real Property

Last scannedOct 14, 2026, 2:19 AM

In one sentence

This act establishes a property tax exemption for real property in the 'all other property' category, excluding agricultural land, and requires information about this exemption to be included on tax assessment schedules.

What it does

Establishes an exemption from property taxes for real property that is not agricultural land within the 'all other property' category.
Requires tax assessment schedules to include information about the new exemption and how much tax will be avoided due to it.
Gives the department authority to make rules necessary to administer the exemption.

Who it affects

Property owners whose real property qualifies under the act's criteria.
Tax assessors who must update assessment schedules with information about the new exemption.

Limits and unknowns

The bill did not pass in its current session and is marked as inactive.
It only applies to real property, excluding agricultural land, in the 'all other property' category.
The exemption amount depends on median household income changes or a fixed percentage, whichever is lower.

Plain language

Terms to know

ad valorem taxation: A type of tax where the amount is based on the value of a property or item.
assessment schedule: A document sent to taxpayers that lists their property's estimated fair market value and taxes due.

Official record

Sources

Source checked

Official bill page Introduced text Official digest Current bill text

Public statements

Why lawmakers voted

Last checked Aug 5, 6:34 AM

Tony Locke

R · H35

Voted Yes

Why they voted this way

The lawmaker supports the bill because it provides property tax relief and reform through a two-prong approach that applies to all real property categories except agriculture, caps annual increases at median household income growth or three percent, and resets the base year to 2019.

Public statementFloor statement at 1:35:05 Watch the statement

If a lawmaker is not listed, we couldn't find a published reason.

Wyoming roll calls

Recorded votes

2 roll calls

H03 - Revenue:Do Pass Failed 3-6-0-0-02024-02-16 · House3 yes 6 no

Yes: 3
No: 6
Absent: 0
Excused: 0
Conflict: 0

Yes 3

John BearR · H31 Tomi StrockR · H06 Tony LockeR · H35

No 6

Andrew ByronR · H22 David E NorthrupH25 Ember OakleyH55 Liz StorerD · H23 Steve HarshmanR · H37 ZWONITZER

H Introduced and Referred to H03 - Revenue 45-16-1-0-02024-02-13 · House45 yes 16 no

Yes: 45
No: 16
Absent: 0
Excused: 1
Conflict: 0

Official activity

Bill history

2024-03-05H:Died in Committee Returned Bill Pursuant to HR 5-4House
2024-02-23H No report prior to CoW CutoffHouse
2024-02-16H03 - Revenue:Do Pass Failed 3-6-0-0-0House
2024-02-13H Introduced and Referred to H03 - Revenue 45-16-1-0-0House
2024-02-09H Received for IntroductionHouse
2024-02-07Bill Number AssignedLSO