Plain English Breakdown
The bill did not pass and therefore no provisions are enacted or effective.
Veterans Property Tax Exemption
This act proposes changes to provide property tax exemptions for certain veterans and military members in Wyoming.
What This Bill Does
- Provides a property tax exemption for honorably discharged veterans who served at least two years in the U.S. armed forces or Wyoming National Guard.
- Offers a property tax exemption for active or reserve members of the Wyoming National Guard or U.S. Armed Forces who are in good standing.
- Gives a property tax exemption to surviving spouses and parents of specified veterans and military members.
Who It Names or Affects
- Honorably discharged veterans who served at least two years in the U.S. armed forces or Wyoming National Guard.
- Active or reserve members of the Wyoming National Guard or U.S. Armed Forces.
- Surviving spouses and parents of specified veterans and military members.
Terms To Know
- bona fide resident
- A person who lives in a place with the intention to stay there permanently or for an indefinite period.
- good standing
- Being active and meeting all requirements of service, such as completing a creditable year towards military retirement.
Limits and Unknowns
- The bill did not pass in the session.
- Details on how counties will be reimbursed if funds are insufficient are specified but may vary based on actual funding availability.