| 1 | | - | ORIGINAL HOUSE ENGROSSED |
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| 2 | | - | BILL NO. HB0279 |
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| 3 | | - | ENROLLED ACT NO. 64, HOUSE OF REPRESENTATIVES |
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| 4 | | - | SIXTY-EIGHTH LEGISLATURE OF THE STATE OF WYOMING |
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| 5 | | - | 2025 GENERAL SESSION |
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| 6 | | - | 1 |
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| 7 | | - | AN ACT relating to property taxation; specifying that if |
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| 8 | | - | multiple property tax exemptions apply to the same property |
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| 9 | | - | the exemptions shall be applied in the manner determined by |
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| 10 | | - | the department of revenue; specifying requirements for the |
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| 11 | | - | order of application of exemptions; providing an |
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| 12 | | - | appropriation; and providing for an effective date. |
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| 13 | | - | Be It Enacted by the Legislature of the State of Wyoming: |
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| 14 | | - | Section 1. W.S. 39-11-105 by creating a new |
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| 15 | | - | subsection (c) is amended to read: |
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| 16 | | - | 39-11-105. Exemptions. |
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| 17 | | - | (c) For any property where more than one (1) |
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| 18 | | - | exemption applies under subsection (a) of this section, the |
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| 19 | | - | exemptions shall be applied in a manner determined by the |
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| 20 | | - | department of revenue in accordance with the following: |
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| 21 | | - | (i) If the exemption is to a portion of the |
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| 22 | | - | assessed value of the property, the exemptions shall be |
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| 23 | | - | applied in sequence so that subsequent exemptions are |
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| 24 | | - | applied to the assessed value as it is modified by the |
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| 25 | | - | application of the preceding exemption; |
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| 26 | | - | (ii) Exemptions based on a percentage of |
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| 27 | | - | property value shall be applied in the order of the |
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| 28 | | - | smallest percentage to the largest percentage; |
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| 29 | | - | (iii) Exemptions not based on a percentage of |
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| 30 | | - | property value shall be applied after any exemptions that |
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| 31 | | - | are based on a percentage of property value. |
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| 32 | | - | Section 2. ORIGINAL HOUSE ENGROSSED |
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| 33 | | - | BILL NO. HB0279 |
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| 34 | | - | ENROLLED ACT NO. 64, HOUSE OF REPRESENTATIVES |
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| 35 | | - | SIXTY-EIGHTH LEGISLATURE OF THE STATE OF WYOMING |
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| 36 | | - | 2025 GENERAL SESSION |
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| 1 | + | 2025 |
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| 2 | + | STATE OF WYOMING |
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| 3 | + | 25LSO-07091HB0279 |
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| 4 | + | HOUSE BILL NO. HB0279 |
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| 5 | + | Property tax exemptions-order of application. |
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| 6 | + | Sponsored by: Representative(s) Nicholas, Clouston, |
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| 7 | + | Harshman and Larsen, L and Senator(s) |
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| 8 | + | Anderson, Barlow, Case, Crago, Dockstader, |
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| 9 | + | Landen, Nethercott and Pappas |
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| 10 | + | A BILL |
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| 11 | + | for |
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| 12 | + | 1 AN ACT relating to property taxation; specifying that if |
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| 13 | + | 2 multiple property tax exemptions apply to the same property |
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| 14 | + | 3 the exemptions shall be applied in the manner determined by |
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| 15 | + | 4 the department of revenue; specifying requirements for the |
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| 16 | + | 5 order of application of exemptions; and providing for an |
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| 17 | + | 6 effective date. |
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| 22 | + | 11 subsection (c) is amended to read: |
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| 25 | + | 14 2025STATE OF WYOMING25LSO-07092HB02791 |
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| 38 | | - | (a) Subject to subsection (b) of this section, there |
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| 39 | | - | is appropriated ten million five hundred thousand dollars |
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| 40 | | - | ($10,500,000.00) from the general fund to the department of |
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| 41 | | - | revenue for purposes of the property tax refund program |
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| 42 | | - | under W.S. 39-13-109(c)(v). This appropriation shall be for |
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| 43 | | - | the period beginning with the effective date of this act |
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| 44 | | - | and ending June 30, 2026. This appropriation shall not be |
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| 45 | | - | transferred or expended for any other purpose and any |
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| 46 | | - | unexpended, unobligated funds remaining from this |
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| 47 | | - | appropriation shall revert as provided by law on June 30, |
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| 48 | | - | 2026. |
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| 49 | | - | (b) If 2025 Senate File 0001 or 2025 House Bill 0001 |
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| 50 | | - | is enacted into law, the appropriation in subsection (a) of |
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| 51 | | - | this section shall be reduced by one dollar ($1.00) for |
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| 52 | | - | every one dollar ($1.00) appropriated to the department of |
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| 53 | | - | revenue for the property tax refund program under W.S. |
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| 54 | | - | 39-13-109(c)(v) in 2025 Senate File 0001 or 2025 House Bill |
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| 55 | | - | 0001. ORIGINAL HOUSE ENGROSSED |
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| 56 | | - | BILL NO. HB0279 |
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| 57 | | - | ENROLLED ACT NO. 64, HOUSE OF REPRESENTATIVES |
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| 58 | | - | SIXTY-EIGHTH LEGISLATURE OF THE STATE OF WYOMING |
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| 59 | | - | 2025 GENERAL SESSION |
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| 60 | | - | 3Section 3. This act is effective immediately upon |
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| 61 | | - | completion of all acts necessary for a bill to become law |
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| 62 | | - | as provided by Article 4, Section 8 of the Wyoming |
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| 63 | | - | Constitution. |
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| 64 | | - | (END) |
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| 65 | | - | Speaker of the HousePresident of the SenateGovernorTIME APPROVED: _________DATE APPROVED: _________ |
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| 66 | | - | I hereby certify that this act originated in the House. |
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| 67 | | - | Chief Clerk |
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| 43 | + | 19 2025STATE OF WYOMING25LSO-07093HB02791. This act is effective immediately upon |
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| 44 | + | 2 completion of all acts necessary for a bill to become law |
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| 45 | + | 3 as provided by Article 4, Section 8 of the Wyoming |
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| 46 | + | 4 Constitution. |
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| 47 | + | 5 |
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| 48 | + | 6 (END) |
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