Bill > SF0081

This bill creates a comprehensive property tax exemption for lands owned by the state of Wyoming, regardless of how those lands are being used. Specifically, the bill amends existing tax law to clarify that state-owned lands will be exempt from property taxation, with the exemption applying to the tax year beginning January 1, 2025. The bill expands the definition of "governmental purpose" to explicitly include leased state school lands and agricultural lands, ensuring a broad interpretation of the tax exemption. The legislation includes a sunset provision that will automatically repeal the exemption on January 1, 2027, which means the tax exemption will need to be renewed or re-evaluated by the legislature before that date. Importantly, while the lands themselves are exempt, any improvements on those lands that are not used primarily for a governmental purpose may still be subject to property taxation. The bill aims to provide a clear and comprehensive tax exemption for state-owned lands, offering potential financial benefits and consistency in how state-owned properties are treated under Wyoming's tax laws.

Agriculture and Natural Resources, Budget and Finance

Agriculture, State and Public Lands and Water Resources (J)

https://www.wyoleg.gov/Legislation/2025/SF0081