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HB0175 • 2020

Subdivisions.

AN ACT relating to real estate subdivisions; amending exemptions from subdivision requirements as specified; and providing for an effective date.

Children
Did Not Pass

The latest official action shows that this bill did not move forward in that session.

Sponsor
Representative Duncan
Last action
2020-02-14
Official status
inactive
Effective date
3/1/2020

Plain English Breakdown

The official source material does not provide specific details on the impact or scope of the bill's provisions.

Changes to Real Estate Subdivision Rules

This act modifies exemptions from subdivision requirements for land transfers to immediate family members.

What This Bill Does

  • Extends the period a piece of land must be owned before it can be divided and transferred to an immediate family member, increasing it to ten years if the land was acquired on or after February 27, 2019.

Who It Names or Affects

  • People who own land and want to divide it among immediate family members

Terms To Know

Subdivision
Dividing a piece of land into smaller parts, often for sale or development.
Immediate family member
A close relative such as parents, children, siblings, grandparents, and grandchildren.

Limits and Unknowns

  • The bill did not pass in the session it was introduced.
  • It is unclear how many people will be affected by these changes to land division rules.

Bill History

  1. 2020-02-14 House

    H Did not Consider for Introduction Vote

  2. 2020-02-12 House

    H Received for Introduction

  3. 2020-02-11 LSO

    Bill Number Assigned

Current Bill Text

Read the full stored bill text 
20LSO-0520
2020
STATE OF WYOMING
20LSO-0520
Introduced
2.0

HOUSE BILL NO. HB0175

Subdivisions.

Sponsored by: Representative(s) Duncan, Eyre, Lindholm, Newsome, Northrup and Paxton and Senator(s) Kost, Von Flatern and Wasserburger

A BILL

for

AN ACT relating to real estate subdivisions; amending exemptions from subdivision requirements as specified; and providing for an effective date.

Be It Enacted by the Legislature of the State of Wyoming:

Section 1.

W.S. 18
‑
5
‑
303(a)(i)(C) is amended to read:

18
‑
5
‑
303.

Exemptions from provisions.

(a)

Unless the method of sale or other disposition is adopted for the purpose of evading the provisions of this article, this article shall not apply to the following
subdivisions of land however, the following subdivisions are subject to requirements which may be adopted by the board of county commissioners regarding documentation of the proper use and implementation of the following exemptions:

(i)

A division of land made outside of platted subdivisions for the purpose of a single gift or sale to a member of the landowner's immediate family, subject to the following requirements:

(C)

The land shall have been titled in the name of the grantor, or in the name of a trust controlled by the grantor, for a combined period
prior to the division
of not less than
five (5) years for land titled before February 27, 2019, or
ten (10) years
prior to the division and
for land titled on or after February 27, 2019. P
arcels created under this paragraph shall be titled in the name of the immediate family member for whom the division is made for a period of not less than five (5) years
, or for not less than one (1) year if the parcel was created before February 27, 2019,
unless
such
the
parcels are subject to
involuntary transfer including, but not limited to, foreclosure, death, judicial sale, condemnation or bankruptcy;

Section 2.

This act is effective immediately upon completion of all acts necessary for a bill to become law as provided by Article 4, Section 8 of the Wyoming Constitution.

(END)

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HB0175