Wyoming2025Inactive
SF0136
Homeowner Tax Exemption
Last scannedOct 13, 2026, 2:19 AM
In one sentence
This act establishes a property tax exemption for homeowners in Wyoming and provides funding to compensate local governments for lost revenue until June 30, 2027.
What it does
- Establishes a homeowner property tax exemption of up to $500,000 (25% of the first $2 million of fair market value) for single family residential structures.
- Requires county treasurers to track and report reductions in tax revenues due to this exemption.
- Appropriates funds from the general fund to compensate local governments for revenue lost because of the homeowner tax exemption until June 30, 2027.
Who it affects
- Homeowners who own single family residential structures in Wyoming.
- Local governments that lose property tax revenue due to this exemption.
Limits and unknowns
- This bill is marked as inactive and has died in committee.
- Funding for compensation of lost revenue ends on June 30, 2027.
Plain language
Terms to know
- Single Family Residential Structure
- A structure intended for human habitation including a house, modular home, mobile home, townhouse or condominium that is a privately owned single family dwelling unit.
- Sunset Date
- The date when the exemption will no longer be in effect (July 1, 2027).
Official record
Sources
Official activity
Bill history
- S:Died in Committee Returned Bill Pursuant to SR 5-4Senate
- S No report prior to CoW CutoffSenate
- S Introduced and Referred to S03 - RevenueSenate
- S Received for IntroductionSenate
- Bill Number AssignedLSO