Property tax exemption for long-term homeowners-extension.

Plain English Breakdown

The bill summary does not provide details on who qualifies for the exemption or how many people it affects. The official status indicates that the bill is inactive and was returned to committee, leaving uncertainty about its future consideration.

Extending Property Tax Break for Long-Term Homeowners

The bill removes the expiration date of a property tax exemption for long-term homeowners.

What This Bill Does

• Removes the end date for a special tax break that helps long-term homeowners pay less on their property taxes.

Who It Names or Affects

• People who have lived in their homes for many years and meet certain requirements to get the tax break.

Terms To Know

Sunset

A time when something ends or stops being valid, like a law that is set to expire after a certain period.

Limits and Unknowns

• The bill does not specify how many people will benefit from this change.
• It is unclear if the bill will be reconsidered in future sessions since it was marked as inactive.

Current Bill Text

25LSO-0249

HOUSE BILL NO. HB0098

Property tax exemption for long-term homeowners-extension.

Sponsored by: Representative(s) Byron

A BILL

for

AN ACT relating to taxation; repealing the sunset date of the property tax exemption for long-term homeowners; and providing for an effective date.

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

Section 1
.

2024 Wyoming Session Laws, Chapter 106, Section 2 is repealed.

Section 2
.

This act is effective July 1, 2025
.

(END)