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Wyoming2025Did Not Pass

SF0150

Property Tax Exemption for For-Profit Trade Schools

Last scannedAug 25, 2026, 2:25 AM

In one sentence

This act provides property tax exemptions for certain real and tangible personal property owned by for-profit trade schools in Wyoming, subject to specific eligibility criteria.

What it does

  • Creates a new exemption from property taxes for the real and tangible personal property of for-profit trade schools that meet specified criteria.
  • Requires these schools to be registered businesses in good standing with the secretary of state, physically located in Wyoming, and primarily focused on providing postsecondary technical, vocational or career-technical education.
  • Specifies that only property used exclusively for educational purposes qualifies for the tax exemption.
  • Establishes a process where eligible schools must apply annually to maintain their exemption status.
  • Allows the department of revenue to create rules necessary for implementing this act.

Who it affects

  • For-profit trade schools in Wyoming that meet eligibility requirements
  • The state's Department of Revenue and county assessors

Limits and unknowns

  • The bill did not pass and therefore the exemptions described are not currently in effect.
  • Details about enforcement actions for schools that misuse the exemption are limited to general statements.

Plain language

Terms to know

for-profit trade school
A vocational, technical, or trade school located in Wyoming that operates for profit.

Official record

Sources

Validated

Public statements

Why lawmakers voted

Last checked Aug 5, 3:31 AM

Cale Case

R · S25

Voted No

Why they voted this way

The lawmaker opposes the bill because he believes taxes should apply evenly across all businesses and that for-profit companies should not receive special exemptions.

Public statementFloor statement at 3:33:09 Watch the statement

Bob Ide

R · S29

Voted Yes

Why they voted this way

The lawmaker supports the bill as a step toward eliminating property taxes, which he views as immoral government theft.

Public statementFloor statement at 3:35:52 Watch the statement
Voted Yes

Why they voted this way

The lawmaker supports the bill to level the playing field between private trade schools and community colleges, which already receive tax exemptions.

Public statementFloor statement at 3:36:13 Watch the statement
Voted No

Why they voted this way

The lawmaker opposes the bill because he believes it violates uniform taxation by granting nonprofit-equivalent status to a specific for-profit business entity.

Public statementFloor statement at 3:37:53 Watch the statement

Troy McKeown

R · S24

Voted Yes

Why they voted this way

The lawmaker supports the bill because it levels the playing field with community colleges and other for-profit industries that already receive significant tax exemptions.

Public statementFloor statement at 3:40:13 Watch the statement

If a lawmaker is not listed, we couldn't find a published reason.

Wyoming roll calls

Recorded votes

2 roll calls

Official activity

Bill history

  1. S COW:Failed 12-17-2-0-0Senate
  2. S Placed on General FileSenate
  3. S03 - Revenue:Recommend Amend and Do Pass 3-2-0-0-0Senate
  4. S Introduced and Referred to S03 - RevenueSenate
  5. S Received for IntroductionSenate
  6. Bill Number AssignedLSO

Changes

Amendments

1 stored

SF0150SS001

The amendment changes references from 'department' to 'county assessor' in the bill text.