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SJ0003 • 2026

Residential property tax-constitutional amendment.

A JOINT RESOLUTION proposing to amend the Wyoming Constitution by eliminating the assessment of property tax on residential property.

Did Not Pass

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

Sponsor
Revenue
Last action
2026-02-09
Official status
inactive
Effective date
3/1/2026

Plain English Breakdown

The bill text does not specify that the taxable value must be set at zero percent, only that it can be. The subclass provision is part of the constitutional amendment proposal but not explicitly stated in this excerpt.

Residential Property Tax Constitutional Amendment

This bill proposes to amend the Wyoming Constitution to eliminate property taxes on residential properties.

What This Bill Does

  • Eliminates property tax assessment on residential real property

Who It Names or Affects

  • Homeowners and residents in Wyoming

Terms To Know

Constitutional amendment
A change to the state's constitution that requires voter approval

Limits and Unknowns

  • The bill did not pass, so it will not become law.
  • It is unclear how this change would affect other property classes or taxes.

Bill History

  1. 2026-02-09 Senate

    S Failed Introduction 7-24-0-0-0

  2. 2026-02-06 Senate

    S Received for Introduction

  3. 2026-02-06 LSO

    Bill Number Assigned

Current Bill Text

Read the full stored bill text 
26LSO-0100
2026
STATE OF WYOMING
26LSO-0100
Numbered
2.0

Senate Joint Resolution NO. SJ0003

Residential property tax-constitutional amendment.

Sponsored by: Joint Revenue Interim Committee

A JOINT RESOLUTION

for

A JOINT RESOLUTION proposing to amend the Wyoming Constitution by eliminating the assessment of property tax on residential property.

BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF WYOMING,
two-thirds of all the members of the two houses, voting separately, concurring therein:

Section 1.

The following proposal to amend Wyoming Constitution, Article 15, Section 11(b) and (c) is proposed for submission to the electors of the State of Wyoming at the next general election for approval or rejection to become valid as a part of the Constitution if ratified by a majority of the electors at the election:

Article 15, Section 11.

Uniformity of assessment required.

(b)

Except as provided in this subsection, t
he legislature shall prescribe the percentage of value which shall be assessed within each designated class. All taxable property shall be valued at its full value as defined by the legislature except agricultural and grazing lands which shall be valued according to the capability of the land to produce agricultural products under normal conditions. The percentage of value prescribed for industrial property shall not be more than forty percent (40%) higher nor more than four (4) percentage points more than the percentage prescribed for
residential real property or more than forty percent (40%) higher nor more than four (4) percentage points more than the percentage prescribed for
all other property other than minerals
and residential real property. The percentage of value prescribed for residential real property shall be zero percent (0%) and no property tax shall be assessed on residential real property
.

(c)

Except as provided in this subsection
T
he legislature shall not create new classes or subclasses or authorize any property to be assessed at a rate other than the rates set for authorized classes.
The legislature may create a subclass of residential real property for owner occupied primary residences.

Section 2.

That the Secretary of State shall endorse the following statement on the proposed amendment:

The adoption of this amendment would require the percentage of taxable value of residential real property to be set at zero percent (0%) of the full value of the residential real property, which would eliminate the imposition of the property tax on residential real property.

(END)

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SJ0003