| 1 | | - | ORIGINAL SENATE ENGROSSED |
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| 2 | | - | FILE NO. SF0048 |
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| 3 | | - | ENROLLED ACT NO. 19, SENATE |
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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 taxation and revenue; providing a |
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| 8 | | - | business property tax exemption as specified; and providing |
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| 9 | | - | for an effective date. |
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| 10 | | - | Be It Enacted by the Legislature of the State of Wyoming: |
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| 11 | | - | Section 1. W.S. 39-11-105(a)(xlii) is amended to |
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| 12 | | - | read: |
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| 13 | | - | 39-11-105. Exemptions. |
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| 14 | | - | (a) The following property is exempt from property |
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| 15 | | - | taxation: |
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| 16 | | - | (xlii) If a person owns two thousand four |
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| 17 | | - | hundred dollars ($2,400.00) or less ‑five |
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| 18 | | - | thousand dollars ($75,000.00) in fair market value of |
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| 19 | | - | business property in , |
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| 20 | | - | the business property shall be exempt |
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| 21 | | - | business property . As used in this paragraph, |
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| 22 | | - | "business property" means taxable personal property |
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| 23 | | - | excluding any property that is exempt under W.S. |
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| 24 | | - | 39-11-105(a)(xi) as personal property held for personal or |
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| 25 | | - | family use. ORIGINAL SENATE ENGROSSED |
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| 26 | | - | FILE NO. SF0048 |
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| 27 | | - | ENROLLED ACT NO. 19, SENATE |
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| 28 | | - | SIXTY-EIGHTH LEGISLATURE OF THE STATE OF WYOMING |
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| 29 | | - | 2025 GENERAL SESSION |
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| 30 | | - | 2Section 2. This act is effective January 1, 2026. |
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| 31 | | - | (END) |
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| 32 | | - | Speaker of the HousePresident of the SenateGovernorTIME APPROVED: _________DATE APPROVED: _________ |
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| 33 | | - | I hereby certify that this act originated in the Senate. |
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| 34 | | - | Chief Clerk |
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| 1 | + | 2025 |
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| 2 | + | STATE OF WYOMING |
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| 3 | + | 25LSO-01081SF0048 |
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| 4 | + | SENATE FILE NO. SF0048 |
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| 5 | + | Business property exemption. |
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| 6 | + | Sponsored by: Joint Revenue Interim Committee |
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| 7 | + | A BILL |
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| 8 | + | for |
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| 9 | + | 1 AN ACT relating to taxation and revenue; providing a |
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| 10 | + | 2 business property tax exemption as specified; and providing |
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| 11 | + | 3 for an effective date. |
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| 12 | + | 4 |
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| 13 | + | 5 |
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| 14 | + | 6 |
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| 15 | + | 7. W.S. 39-11-105(a)(xlii) is amended to |
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| 16 | + | 8 read: |
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| 17 | + | 9 |
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| 18 | + | 10 |
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| 19 | + | 11 |
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| 20 | + | 12 (a) The following property is exempt from property |
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| 21 | + | 13 taxation: |
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| 22 | + | 14 |
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| 23 | + | 15 (xlii) If a person owns two thousand four |
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| 24 | + | 16 2025STATE OF WYOMING25LSO-01082SF0048 |
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| 25 | + | 1 in fair market value of |
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| 26 | + | 2 business property in county, |
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| 27 | + | 3 shall be exempt |
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| 28 | + | 4. As used in this paragraph, |
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| 29 | + | 5 "business property" means taxable personal property |
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| 30 | + | 6 excluding any property that is exempt under W.S. |
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| 31 | + | 7 39-11-105(a)(xi) as personal property held for personal or |
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| 32 | + | 8 family use. |
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| 33 | + | 9 |
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| 34 | + | 10. This act is effective January 1, 2026. |
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| 35 | + | 11 |
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| 36 | + | 12 (END) |
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