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WY HB0004

WY HB0004
Property tax refund program.


summary

Introduced
02/12/2024
In Committee
03/04/2024
Crossed Over
02/22/2024
Passed
03/07/2024
Dead
Signed/Enacted/Adopted
03/21/2024

Introduced Session

2024 Budget Session

Bill Summary

AN ACT relating to property tax; amending qualifications for the property tax refund program; amending qualifications for the county optional property tax refund program; amending the maximum refund under the property tax refund program; and providing for an effective date.

AI Summary

This bill amends the qualifications and maximum refund amounts for the property tax refund program in Wyoming. Specifically, it increases the maximum gross income threshold for eligibility from 125% to 165% of the median household income, and adjusts the maximum refund amount based on the applicant's income level. The bill also makes changes to the county-optional property tax refund program, including the timing of the application process and the maximum refund percentage. Additionally, the bill appropriates funds from the general fund to the Department of Revenue to cover programming and personnel costs for administering the property tax refund program.

Committee Categories

Budget and Finance

Sponsors (0)

No sponsors listed

Other Sponsors (1)

Revenue (Joint)

Last Action

Assigned Chapter Number 109 (on 03/21/2024)

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