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SF0119

Property Tax Exemption for Certain Real Property

Last scannedOct 24, 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

  • Creates an exemption from property taxes for certain real property that is not classified as agricultural land.
  • Requires tax assessment schedules to include information about this new exemption and how it affects potential tax savings.
  • Gives the department authority to create rules for administering the exemption.

Who it affects

  • Property owners whose real property falls under the 'all other property' category but not agricultural land.
  • Tax assessment authorities who must include information about this new exemption on tax schedules.

Limits and unknowns

  • The bill did not pass in the session.
  • It only applies to real property, excluding agricultural land.
  • Details on how the exemption will be calculated for each year are specified but may vary based on local median household income changes.

Plain language

Terms to know

ad valorem taxation
A type of tax where the amount of tax 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 other details about taxes due.

Official record

Sources

Source checked

Public statements

Why lawmakers voted

Last checked Aug 5, 6:08 AM

Couldn't find a published reason.

Wyoming roll calls

Recorded votes

3 roll calls

Official activity

Bill history

  1. S COW:S Did not consider for COWSenate
  2. S Placed on General FileSenate
  3. S02 - Appropriations:Recommend Do Pass 5-0-0-0-0Senate
  4. :Rerefer to S02 - AppropriationsSenate
  5. S01 - Judiciary:Recommend Do Pass 4-0-1-0-0Senate
  6. S Introduced and Referred to S01 - Judiciary 27-4-0-0-0Senate
  7. S Received for IntroductionSenate
  8. Bill Number AssignedLSO