summary
Introduced
02/12/2026
02/12/2026
In Committee
02/19/2026
02/19/2026
Crossed Over
Passed
Dead
Introduced Session
Potential new amendment
2026 Budget Session
Bill Summary
AN ACT relating to taxation and revenue; providing for administration of the property tax; specifying property tax assessment rates for residential real property; limiting the applicability of specified mills to residential real property used as a primary residence by the owner of the property; repealing a related property tax exemption; making conforming amendments; specifying applicability; and providing for an effective date.
AI Summary
This bill revises how residential property is taxed by changing the "taxable value," which is a percentage of a property's fair market value. Specifically, it establishes a lower taxable value of 8.3% for owner-occupied primary residences, defined as a home where the owner lives for at least six months of the year, while all other residential properties will be taxed at 9.5%. The bill also introduces a new provision that exempts owner-occupied primary residences from certain school taxes, known as "mills," provided the owner files a claim with the county assessor by a specific deadline each year. Additionally, a related property tax exemption is repealed, and these changes will take effect for the tax year beginning January 1, 2027.
Committee Categories
Budget and Finance
Sponsors (14)
Larry Hicks (R)*,
Eric Barlow (R),
Brian Boner (R),
Barry Crago (R),
Gary Crum (R),
Dan Dockstader (R),
Mike Gierau (D),
Scott Heiner (R),
John Kolb (R),
Bill Landen (R),
Jayme Lien (R),
Tony Locke (R),
Chip Neiman (R),
Cheri Steinmetz (R),
Last Action
2nd Reading:Passed (on 02/23/2026)
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/2026/SF0110 |
| Senator Hicks | https://wyoleg.gov/2026/Amends/SF0110S2001.pdf |
| Senator Hicks | https://wyoleg.gov/2026/Amends/SF0110SW001.pdf |
| Senate Revenue Committee | https://wyoleg.gov/2026/Amends/SF0110SS001.pdf |
| Fiscal Note | https://www.wyoleg.gov/2026/Fiscal/SF0110.pdf |
| BillText | https://www.wyoleg.gov/2026/Introduced/SF0110.pdf |
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