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Wyoming2024Did Not Pass

SF0126

Property Tax Exemption for Single Family Homes

Last scannedOct 9, 2026, 2:19 AM

In one sentence

This bill establishes a property tax exemption for single family residential properties in Wyoming and requires the Department of Revenue to include information about this exemption on tax assessment schedules.

What it does

  • Establishes an exemption from property taxes for single family homes based on how much their value has increased over the previous year, plus three percent.
  • Requires owners of single family homes to apply for the exemption with the Department of Revenue using forms provided by the department.
  • Limits the exemption so that it only applies to one home per owner and requires them to specify which property they are seeking the exemption for if they own more than one eligible property.
  • Requires tax assessment schedules to include information about the estimated taxes that will be exempt if a single family residential property qualifies under this new law.

Who it affects

  • Owners of single family homes in Wyoming who meet the criteria for the exemption.
  • The Department of Revenue, which must create rules and forms for applying for the exemption and include information about it on tax assessment schedules.

Limits and unknowns

  • The bill did not pass in the session it was introduced.
  • It is unclear how many single family home owners will qualify for and apply for this exemption.
  • The Department of Revenue must create rules to implement this act, but these rules have not been made yet.

Plain language

Terms to know

Single Family Residential Property
A structure intended for human habitation such as a house, modular home, mobile home or condominium that is privately owned and used as a single family dwelling unit, along with its associated land and outbuildings.
Exemption
An exclusion from paying all or part of a tax on certain property or income.

Official record

Sources

Source checked

Public statements

Why lawmakers voted

Last checked Aug 5, 6:00 AM

Voted Yes

Why they voted this way

The lawmaker supports the bill because public anger over property taxes is at an unprecedented level, and immediate legislative fixes are needed to address a broken system.

Public statementFloor statement at 35:24 Watch the statement

If a lawmaker is not listed, we 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 Amend and Do Pass 4-0-1-0-0Senate
  6. S Introduced and Referred to S01 - Judiciary 29-2-0-0-0Senate
  7. S Received for IntroductionSenate
  8. Bill Number AssignedLSO

Changes

Amendments

1 stored

SF0126SS001

The amendment changes the entity responsible for certain property tax exemption rules from the Department of Revenue to the County Assessor.