summary
Introduced
02/13/2024
02/13/2024
In Committee
Crossed Over
Passed
Dead
03/05/2024
03/05/2024
Introduced Session
2024 Budget Session
Bill Summary
AN ACT relating to property tax; providing a property tax reduction for tax year 2024; providing a sunset date; specifying applicability; and providing for an effective date.
AI Summary
This bill provides a property tax reduction for tax year 2024 in Wyoming. Specifically, it reduces the amount of property tax due by 16.67% for property used for industrial purposes and 33.33% for all other property. This tax reduction, or "tax holiday," applies to both regular property taxes and taxes on mineral production. The bill also specifies that any overpayment of taxes on mineral production from calendar year 2024 that would have been reduced under this act will be reconciled as an overpayment. The provisions of this bill are set to expire on June 30, 2025.
Committee Categories
Budget and Finance
Sponsors (10)
Bill Allemand (R)*,
John Bear (R)*,
Jeremy Haroldson (R)*,
Bob Ide (R)*,
Mark Jennings (R)*,
Tony Locke (R)*,
Ken Pendergraft (R)*,
Daniel Singh (R)*,
Clarence Styvar (R)*,
Jeanette Ward (R)*,
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/HB0133 |
| BillText | https://www.wyoleg.gov/2024/Introduced/HB0133.pdf |
| Fiscal Note | https://www.wyoleg.gov/2024/Fiscal/HB0133.pdf |
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