Bill > SF0039

This bill makes several changes to the long-term homeowner property tax exemption in Wyoming, which provides a tax break for qualifying seniors who have paid property taxes for at least 25 years on their primary residence. Firstly, it removes a "sunset date," meaning the exemption will no longer expire at a specific time. Secondly, it moves the deadline for applying for this exemption from the fourth Monday in May to March 1st each year, and it also establishes a simpler process for homeowners to claim the exemption in subsequent years by simply confirming their continued eligibility with the assessor's office, rather than refiling a full application. Additionally, the bill clarifies that the exemption applies to 50% of the assessed value of the residential property, but only up to the first $3 million of its fair market value. Finally, a previous law that would have repealed this exemption is itself repealed, ensuring the exemption continues.

Budget and Finance

https://www.wyoleg.gov/Legislation/2026/SF0039