Wyoming 2025 Regular Session

Wyoming Senate Bill SF0153 Compare Versions

Version 1 (Old)

Version 2 (New)

Old	New		Differences
1	1		2025
2	2		STATE OF WYOMING
3		-	25LSO-0715
4		-	ENGROSSED
5		-	1SF0153
	3	+	25LSO-07151SF0153
6	4		SENATE FILE NO. SF0153
7	5		Residential real property-taxable value.
8	6		Sponsored by: Senator(s) Barlow, Biteman, Crago, Driskill,
9	7		McKeown and Nethercott and Representative(s)
10	8		Campbell, E, Clouston, Harshman, Larsen, L
11	9		and Larson, JT
12	10		A BILL
13	11		for
14	12		1 AN ACT relating to taxation and revenue; providing for
15	13		2 administration of the property tax; specifying property tax
16	14		3 assessment rates for residential real property; making
17	15		4 conforming changes; specifying applicability; and providing
18	16		5 for an effective date.
19	17		6
20	18		7
21	19		8
22	20		9W.S. 39-11-101(a)(xvii) by creating a new
23	21		10 subparagraph (C), by renumbering (C) as (D) and by creating
24	22		11 new paragraphs (xix) and (xx) and 39-13-103(b)(iii)(intro),
25	23		12 by creating a new subparagraph (C) and by renumbering (C)
26	24		13 as (D) are amended to read:
27		-	14 2025STATE OF WYOMING25LSO-0715
28		-	ENGROSSED
29		-	2SF01531
	25	+	14 2025STATE OF WYOMING25LSO-07152SF01531
30	26		2
31	27		3 (a) As used in this act unless otherwise specifically
32	28		4 provided:
33	29		5
34	30		6 (xvii) "Taxable value" means a percent of the
35	31		7 fair market value of property in a particular class as
36	32		8 follows:
37	33		9
38	34		10
39	35		11‑half percent
40	36		12
41	37		13
42	38		14 (D) All other property, real and
43	39		15 personal, including property valued and assessed under W.S.
44	40		16 39-13-102(m)(vi) and (ix), nine and one-half percent
45	41		17 (9.5%).
46	42		18
47	43		19
48	44		20
49	45		21
50	46		22
51		-	23 2025STATE OF WYOMING25LSO-0715
52		-	ENGROSSED
53		-	3SF01531
	47	+	23 2025STATE OF WYOMING25LSO-07153SF01531
54	48		2
55	49		3
56	50		4
57	51		5
58	52		6
59	53		7
60	54		8
61	55		9
62	56		10
63	57		11
64		-	12 ~~(b) Basis of tax. The following shall apply:~~
65		-	13
66		-	14 ~~(iii) Beginning January 1, 1989, axable value"~~
67		-	15 ~~means a percent of the fair market~~ value ~~of property in a~~
68		-	16 ~~particular class as follows:~~
69		-	17
	58	+	12
	59	+	13 (b) Basis of tax. The following shall apply:
	60	+	14
	61	+	15 (iii) Beginning January 1, 1989, axable value"
	62	+	16 means a percent of the fair market value of property in a
	63	+	17 particular class as follows:
70	64		18
71		-	19~~‑half percent~~
72		-	20
	65	+	19
	66	+	20‑half percent
73	67		21
74		-	22 (D) All other property, real and
75		-	23 personal, nine and one-half percent (9.5%). 2025STATE OF WYOMING25LSO-0715
76		-	ENGROSSED
77		-	4SF0153
78		-	1
79		-	2. This act shall first apply to the tax year
80		-	3 beginning January 1, 2025.
81		-	4
82		-	5. This act is effective immediately upon
83		-	6 completion of all acts necessary for a bill to become law
84		-	7 as provided by Article 4, Section 8 of the Wyoming
85		-	8 Constitution.
86		-	9
87		-	10 (END)
	68	+	22 2025STATE OF WYOMING25LSO-07154SF01531 (D) All other property, real and
	69	+	2 personal, nine and one-half percent (9.5%).
	70	+	3
	71	+	4. This act shall first apply to the tax year
	72	+	5 beginning January 1, 2025.
	73	+	6
	74	+	7. This act is effective immediately upon
	75	+	8 completion of all acts necessary for a bill to become law
	76	+	9 as provided by Article 4, Section 8 of the Wyoming
	77	+	10 Constitution.
	78	+	11
	79	+	12 (END)