Wyoming2025Inactive
HB0068
Expanding Tax Increment Financing for Affordable Housing
Last scannedOct 14, 2026, 2:19 AM
In one sentence
This act modifies Wyoming's Urban Renewal Code to include affordable housing projects in tax increment financing programs.
What it does
- Adds provisions to the code that allow municipalities to use tax increment financing for affordable housing projects.
- Defines 'affordable housing' as housing where household income does not exceed 120% of the county's median gross household income.
- Requires local governing bodies to consider private enterprise opportunities when planning urban renewal areas.
Who it affects
- Municipalities in Wyoming
- Homeowners and renters seeking affordable housing
Limits and unknowns
- The bill is marked as inactive, meaning it did not advance further in the current legislative session.
- Specific details on how municipalities will implement these changes are not provided.
Plain language
Terms to know
- Tax increment financing
- A method of funding public projects by capturing the increase in property tax revenue generated by those projects.
- Urban renewal area
- An area designated for redevelopment to eliminate blight and improve living conditions.
Official record
Sources
Official activity
Bill history
- H:Died in Committee Returned Bill Pursuant to HR 5-4House
- H No report prior to CoW CutoffHouse
- H Introduced and Referred to H07 - CorporationsHouse
- H Received for IntroductionHouse
- Bill Number AssignedLSO