Plain English Breakdown
The bill is marked as inactive, which means it did not pass and therefore has no effective date or immediate legal impact.
Veterans' Property Tax Exemption Change
This act changes the amount of property tax exemption for veterans in Wyoming.
What This Bill Does
- Changes the annual property tax exemption for veterans from $3,000 to $2,700.
- Specifies that this change applies to taxes assessed on or after January 1, 2021.
Who It Names or Affects
- Veterans who own property in Wyoming and qualify for the tax exemption.
Terms To Know
- Exemption
- A reduction or exclusion from paying a certain amount of taxes.
Limits and Unknowns
- The bill is marked as inactive, meaning it did not pass in the current session.
- It does not specify how many veterans will be affected by this change.