summary
Introduced
02/15/2024
02/15/2024
In Committee
02/28/2024
02/28/2024
Crossed Over
02/27/2024
02/27/2024
Passed
Dead
03/05/2024
03/05/2024
Introduced Session
2024 Budget Session
Bill Summary
AN ACT relating to property taxes; providing a property tax exemption for tangible personal property; making conforming amendments; repealing provisions related to the reporting and valuation of personal property; specifying applicability; and providing for an effective date.
AI Summary
This bill provides a property tax exemption for all tangible personal property, up to a total exemption of $20,000 of the fair market value of the tangible personal property, excluding any property that is exempt as personal property held for personal or family use. The bill also repeals provisions related to the reporting and valuation of personal property. The bill specifies that it shall not apply to any property tax assessment imposed before January 1, 2025, and it is effective on January 1, 2025.
Committee Categories
Budget and Finance, Justice
Sponsors (1)
Last Action
H:Died in Committee Returned Bill Pursuant to HR 5-4 (on 03/05/2024)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.wyoleg.gov/Legislation/2024/SF0068 |
| BillText | https://www.wyoleg.gov/2024/Engross/SF0068.pdf |
| Senator Hicks | https://wyoleg.gov/2024/Amends/SF0068S3001.pdf |
| Senator Hicks | https://wyoleg.gov/2024/Amends/SF0068S2001.pdf |
| BillText | https://www.wyoleg.gov/2024/Introduced/SF0068.pdf |
| Fiscal Note | https://www.wyoleg.gov/2024/Fiscal/SF0068.pdf |
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