Property tax exemptions-effect of people's initiative.

Plain English Breakdown

The official source does not provide specific details on the exact number of supporters or opponents in the Senate Committee of the Whole, only that it did not consider the bill.

Property Tax Exemptions and People's Initiative

The bill proposes to remove the current homeowner tax exemption if voters approve an initiative for a new homeowner property tax exemption.

What This Bill Does

• Removes the current homeowner tax exemption if a people’s initiative passes that limits property taxes through a new homeowner property tax exemption.
• Specifies when this change would take effect based on voter approval certification by the Secretary of State.

Who It Names or Affects

• Homeowners in Wyoming who currently benefit from the homeowner tax exemption.
• The Department of Revenue and the Secretary of State, as they are responsible for certifying voter approval.

Terms To Know

People's Initiative

A proposal made by citizens to change laws or adopt new ones through a direct vote.

Homeowner Tax Exemption

An exemption from property taxes for homeowners on their primary residence.

Limits and Unknowns

• The bill did not pass and was not considered by the Senate Committee of the Whole.
• It is unclear how many voters would support a people's initiative to limit property taxes through a homeowner’s property tax exemption.

Current Bill Text

26LSO-0402
2026
STATE OF WYOMING
26LSO-0402
Numbered
2.0

HOUSE BILL NO. HB0147

Property tax exemptions-effect of people's initiative.

Sponsored by: Representative(s) Locke, Allemand, Campbell, K, Erickson and Haroldson

A BILL

for

AN ACT relating to property taxation; repealing the homeowner tax exemption if the people's initiative to limit property tax in Wyoming through a homeowner's property exemption is enacted into law; specifying applicability; and providing for an effective date.

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

Section 1.

W.S. 39
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11
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105(a)(xlvi) by creating a new subparagraph (D) is amended to read:

39
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11
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105.

Exemptions.

(a)

The following property is exempt from property taxation:

(xlvi)

A portion of a single family residential structure and the associated improved land as a homeowner tax exemption as provided in this paragraph. The following shall apply to this exemption:

(D)

This paragraph is repealed on the date the secretary of state certifies to the department of revenue that the voters have approved an initiative implementing a homeowner's property tax exemption and the exemption is enacted into law.

Section 2.

If the secretary of state certifies that the voters have approved an initiative implementing a homeowner's property tax exemption and that exemption is effective for the tax year beginning January 1, 2027, the exemption under W.S. 39
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11
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105(a)(xlvi) shall not apply for the tax year beginning January 1, 2027.

Section 3
.

This act is effective July 1, 2026
.

(END)

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HB0147