Bill > SF0068

This bill clarifies the property tax exemption for state-owned lands in Wyoming, creating a comprehensive approach to government property taxation. Specifically, the bill exempts all lands owned by the state from property taxation, regardless of their use, starting with the tax year beginning January 1, 2025, and continuing until January 1, 2027. To further investigate the broader implications of government property taxation, the bill establishes a government property task force composed of 10 members (4 appointed by the House Speaker, 4 by the Senate President, and 2 by the Governor). This task force is charged with reviewing the taxability of government property, examining historical taxation practices, analyzing a recent Wyoming Supreme Court decision, and comparing exemptions across different types of government property (federal, state, municipal, county, and school). The task force is required to submit a report with recommendations by October 1, 2025, and will terminate on June 30, 2026. To support the task force's work, the bill appropriates $20,000 for non-legislative member expenses and $45,000 for legislative member expenses, with these funds specifically designated for the task force's activities and set to revert if not used by the specified date.

Budget and Finance

Revenue (J)

https://www.wyoleg.gov/Legislation/2025/SF0068