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SF0054

Homeowner Tax Exemption Act

Last scannedAug 25, 2026, 2:25 AM

In one sentence

This act establishes a homeowner property tax exemption for single family residential structures, provides funding to compensate government entities for lost revenue until June 30, 2026, and sets a sunset date of July 1, 2026.

What it does

  • Creates a new paragraph (xliii) in W.S. 39-11-105(a), which exempts twenty-five percent of the fair market value of single family residential structures from property taxation up to $2 million.
  • Requires county treasurers to keep records and report reductions in tax revenues due to this exemption, with state funds compensating government entities for lost revenue until June 30, 2026.

Who it affects

  • Homeowners with single family residential structures in Wyoming.
  • Government entities that rely on property tax revenue.

Limits and unknowns

  • The act was vetoed by the governor on March 22, 2024.
  • It is unclear whether lawmakers will attempt to override the governor's veto or if similar legislation will be introduced in future sessions.

Plain language

Terms to know

Sunset date
The specific date when a law or program will end and no longer be effective.

Official record

Sources

Validated

Public statements

Why lawmakers voted

Last checked Aug 5, 10:23 PM

Bo Biteman

R · S21

Voted No

Why they voted this way

The lawmaker argues that the House made three major changes to the bill, including altering the exemption calculation method, shortening its duration from two years to one year, and changing the funding source for backfilling costs. He believes these differences can be resolved through further discussion with House partners.

Public statementFloor statement at 24:36 Watch the statement

Eric Barlow

R · S23

Voted Yes

Why they voted this way

The lawmaker supports the bill because it provides over $214 million in tax relief to Wyoming citizens, achieving their goal for this year.

Public statementFloor statement at 42:10 Watch the statement
Voted Yes

Why they voted this way

The speaker explains that the bill maintains a House position on the formula, providing a 25% property tax reduction for homes up to $2 million over two years with an appropriation of $225 million.

Public statementFloor statement at 1:54:09 Watch the statement
Voted Yes

Why they voted this way

The lawmaker supports the amendment because it caps benefits for high-value properties while ensuring 98-99% of homeowners still receive a tax break.

Public statementFloor statement at 1:35:26 Watch the statement
Voted Yes

Why they voted this way

The lawmaker opposes the amendment because it fails to provide relief to those actually paying high taxes, arguing that cost should be viewed from the people's perspective.

Public statementFloor statement at 1:36:48 Watch the statement

Andrew Byron

R · H22

Voted Yes

Why they voted this way

The lawmaker supports the amendment as a good compromise that helps homeowners in both the northwest and northeast parts of the state.

Public statementFloor statement at 1:37:30 Watch the statement
Voted Yes

Why they voted this way

The lawmaker opposes the amendment because sending a message that rich people should be excluded is unfair, especially for long-term residents whose home values have risen.

Public statementFloor statement at 1:38:28 Watch the statement
Voted Yes

Why they voted this way

The lawmaker opposes the amendment because it would hurt modest homeowners in Northwest counties who are paying high property taxes due to increased home values.

Public statementFloor statement at 1:39:48 Watch the statement

Bob Nicholas

R · H07

Voted Yes

Why they voted this way

The lawmaker supports the amendment as a necessary step to achieve their desired outcome for the bill.

Public statementFloor statement at 1:40:47 Watch the statement

Liz Storer

D · H23

Voted Yes

Why they voted this way

The lawmaker opposes the amendment because it fails to treat working-class residents in Teton County equitably, who face median tax liabilities four times higher than other counties.

Public statementFloor statement at 1:41:29 Watch the statement
Voted Yes

Why they voted this way

The lawmaker supports the amendment as a good balance that provides significant relief for high-value homeowners while ensuring schools remain funded.

Public statementFloor statement at 1:43:09 Watch the statement

John Bear

R · H31

Voted Yes

Why they voted this way

The lawmaker supports the amendment because it maximizes relief for those with crushed disposable incomes and uses a percentage methodology that aligns with constitutional requirements for fair taxation.

Public statementFloor statement at 1:11:02 Watch the statement

Scott Heiner

R · H18

Voted Yes

Why they voted this way

The lawmaker supports the amendment because it provides immediate relief to minimize suffering for struggling homeowners, which is what constituents requested rather than just reform.

Public statementFloor statement at 1:16:00 Watch the statement
Voted No

Why they voted this way

The lawmaker opposes the amendment due to concerns about a $300 million cost and the potential subtraction of services, preferring to maintain a balance between tax relief and service funding.

Public statementFloor statement at 1:21:38 Watch the statement

Dalton Banks

R · H26

Voted Yes

Why they voted this way

The lawmaker supports the amendment because a dollar amount helps more people in his district, while the option for a percentage allows other districts to choose what works best locally.

Public statementFloor statement at 1:24:00 Watch the statement
Voted Yes

Why they voted this way

The lawmaker plans to vote against the amendment today due to a lack of specific information on how it would affect his county and constituents.

Public statementFloor statement at 1:25:38 Watch the statement

Barry Crago

R · H40

Voted No

Why they voted this way

The lawmaker supports the amendment because a dollar figure helps his district's constituents, though he acknowledges that percentages may be better for other counties.

Public statementFloor statement at 1:26:58 Watch the statement
Voted No

Why they voted this way

The lawmaker opposes the amendment because it shifts $167 million from local government services to taxpayers and reduces school funding by reducing the mill levy, representing a tradeoff between money in pockets and essential services.

Public statementFloor statement at 1:39:41 Watch the statement
Voted No

Why they voted this way

The lawmaker opposes increasing the relief percentage because the additional cost is significant and there is already a substantial bill attached to provide relief.

Public statementFloor statement at 1:49:00 Watch the statement

Liz Storer

D · H23

Voted No

Why they voted this way

The lawmaker opposes the amendment due to the estimated $110 million cost difference between increasing the relief percentage from 25% to 35%.

Public statementFloor statement at 1:50:20 Watch the statement
Voted No

Why they voted this way

The lawmaker opposes the amendment because it would leave counties and cities responsible for funding additional amounts without a corresponding increase in appropriations.

Public statementFloor statement at 1:50:59 Watch the statement

Tony Locke

R · H35

Voted Yes

Why they voted this way

The lawmaker supports the amendment to enhance tax relief by leaving more money in people's pockets over two years, noting that the approach is easy for departments to administer.

Public statementFloor statement at 1:53:30 Watch the statement

Lloyd Larsen

R · H54

Voted Yes

Why they voted this way

The lawmaker opposes the amendment because they believe it cuts relief too much by limiting duration to one year and reducing the amount, arguing that two years is necessary for a real solution.

Public statementFloor statement at 1:34:00 Watch the statement
Voted Yes

Why they voted this way

The lawmaker opposes the amendment because they believe it reduces the amount of relief too much and cuts the duration to one year, arguing that two years is needed for a real solution.

Public statementFloor statement at 1:34:00 Watch the statement
Voted Yes

Why they voted this way

The lawmaker supports the amendment to provide fair, across-the-board percentage relief rather than picking winners and losers with a dollar limit, citing constituents who built their own homes facing high property values.

Public statementFloor statement at 1:42:19 Watch the statement
Voted No

Why they voted this way

The lawmaker supports the bill because it saves state money in the long run by reducing expensive end-of-life hospital care.

Public statementFloor statement at 1:57:32 Watch the statement
Voted No

Why they voted this way

The lawmaker supports the bill because it does not expand Medicaid eligibility, only equalizing reimbursement rates between nursing homes and hospice facilities.

Public statementFloor statement at 1:57:51 Watch the statement

Tim Salazar

R · S26

Voted Yes

Why they voted this way

The lawmaker supports the bill to help young families afford homes and stay in Wyoming by decreasing out-of-pocket costs.

Public statementFloor statement at 1:35:39 Watch the statement

Larry Hicks

R · S11

Voted No

Why they voted this way

The lawmaker will vote no on the bill to represent his constituents and conscience, citing concerns over equity regarding multi-property owners.

Public statementFloor statement at 1:41:59 Watch the statement
Voted Yes

Why they voted this way

The lawmaker supports the bill as significant tax relief for people, noting that exemptions are well-established and constitutional challenges can be managed.

Public statementFloor statement at 1:42:18 Watch the statement

Wyoming roll calls

Recorded votes

11 roll calls

H Adopted SF0054JC001: 57-1-4-0-02024-03-08 · House57 yes 1 no
S Adopted SF0054JC001: 27-2-2-0-02024-03-08 · Senate27 yes 2 no
S Concur:Failed 0-31-0-0-02024-03-08 · Senate0 yes 31 no
H 3rd Reading:Passed 61-1-0-0-02024-03-07 · House61 yes 1 no
Amendment failed 25-37-0-0-02024-03-06 · House25 yes 37 no
H02 - Appropriations:Do Pass Failed 3-4-0-0-02024-03-05 · House3 yes 4 no
H03 - Revenue:Recommend Amend and Do Pass 9-0-0-0-02024-03-04 · House9 yes 0 no
S 3rd Reading:Passed 29-2-0-0-02024-02-27 · Senate29 yes 2 no
Amendment adopted 24-7-0-0-02024-02-27 · Senate24 yes 7 no
S03 - Revenue:Recommend Amend and Do Pass 4-1-0-0-02024-02-16 · Senate4 yes 1 no
S Introduced and Referred to S03 - Revenue 31-0-0-0-02024-02-12 · Senate31 yes 0 no

Official activity

Bill history

  1. Governor Vetoed SEA No. 0070 Governor
  2. H Speaker Signed SEA No. 0070House
  3. S President Signed SEA No. 0070Senate
  4. Assigned Number SEA No. 0070LSO
  5. H Appointed JCC01 MembersHouse
  6. H Appointed JCC01 MembersHouse
  7. S Appointed JCC01 MembersSenate
  8. S Concur:Failed 0-31-0-0-0Senate
  9. S Received for ConcurrenceSenate
  10. H 3rd Reading:Passed 61-1-0-0-0House
  11. H 2nd Reading:PassedHouse
  12. H COW:PassedHouse
  13. H Placed on General FileHouse
  14. H02 - Appropriations:Do Pass Failed 3-4-0-0-0House
  15. :Rerefer to H02 - AppropriationsHouse
  16. H03 - Revenue:Recommend Amend and Do Pass 9-0-0-0-0House
  17. H Introduced and Referred to H03 - RevenueHouse
  18. H Received for IntroductionHouse
  19. S 3rd Reading:Passed 29-2-0-0-0Senate
  20. S 2nd Reading:PassedSenate

Changes

Amendments

16 stored

SF0054H2001

The amendment changes the homeowner property tax exemption to apply only to single-family residential structures and limits the exemption amount based on the fair market value of these properties.

SF0054H2002

The amendment changes how much of a homeowner's property value is exempt from taxes in the years 2024 and 2025.

SF0054H2003

The amendment changes the amount of money allocated for a homeowner property tax exemption from $125 million to $300 million.

SF0054H2004

The amendment removes previous changes and increases the homeowner property tax exemption rate from 25% to 35%. It also deletes certain lines added by a House standing committee.

SF0054H3001

The amendment changes the percentage of property tax exemption for homeowners from 25% to 30%, removes certain lines related to previous amendments, and increases the appropriation amount from $125 million to $170 million.

SF0054H3002

The amendment changes the amount of money associated with a homeowner property tax exemption from $125 million to $170 million.

SF0054H3003

The amendment removes specific changes made by a previous committee in the bill regarding homeowner property tax exemption.

SF0054H3004

The amendment changes the amount of property tax exemption for homeowners in 2024 and adjusts how it increases in 2025.

SF0054H3005

The amendment changes the amount of money from three million dollars to two million dollars in a homeowner property tax exemption bill.

SF0054H3006

This amendment removes previous amendments to the bill and changes certain dollar amounts within the bill.

SF0054HS001

The amendment modifies the homeowner property tax exemption bill by adding an appropriation of $125 million to reimburse local governments for revenue losses due to the exemption, changing the sunset date from 2026 to 2025, and specifying how exemptions will be certified and reimbursed.

SF0054S2001

The amendment changes the homeowner property tax exemption to apply only to residential real property used as a primary residence starting from January 1, 2025, and sets a limit on the value of the property. It also includes a definition for 'residential real property' and adds a sunset clause.

SF0054S3001

The amendment changes the homeowner property tax exemption amount for residential real estate to a maximum of $200,000 and adds requirements for county treasurers to track and report reductions in tax revenues due to this exemption.

SF0054S3002

The amendment adds a requirement for county treasurers to track the reduction in tax revenues due to the homeowner property tax exemption and for the state treasurer to transfer funds from the legislative stabilization reserve account to compensate counties.

SF0054JC001

The amendment modifies the homeowner property tax exemption by changing eligibility criteria, removing certain provisions, and adding new funding mechanisms.

SF0054SS001

The amendment modifies a homeowner property tax exemption bill by making changes to how exemptions are calculated and recorded.