2025
STATE OF WYOMING
25LSO-0715
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1SF0153
SENATE FILE NO. SF0153
Residential real property-taxable value.
Sponsored by: Senator(s) Barlow, Biteman, Crago, Driskill,
McKeown and Nethercott and Representative(s)
Campbell, E, Clouston, Harshman, Larsen, L
and Larson, JT
A BILL
for
1 AN ACT relating to taxation and revenue; providing for
2 administration of the property tax; specifying property tax
3 assessment rates for residential real property; making
4 conforming changes; specifying applicability; and providing
5 for an effective date.
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9W.S. 39-11-101(a)(xvii) by creating a new
10 subparagraph (C), by renumbering (C) as (D) and by creating
11 new paragraphs (xix) and (xx) and 39-13-103(b)(iii)(intro),
12 by creating a new subparagraph (C) and by renumbering (C)
13 as (D) are amended to read:
14 2025STATE OF WYOMING25LSO-0715
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2SF01531
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3 (a) As used in this act unless otherwise specifically
4 provided:
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6 (xvii) "Taxable value" means a percent of the
7 fair market value of property in a particular class as
8 follows:
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11‑half percent
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14 (D) All other property, real and
15 personal, including property valued and assessed under W.S.
16 39-13-102(m)(vi) and (ix), nine and one-half percent
17 (9.5%).
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23 2025STATE OF WYOMING25LSO-0715
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12 (b) Basis of tax. The following shall apply:
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14 (iii) Beginning January 1, 1989, axable value"
15 means a percent of the fair market value of property in a
16 particular class as follows:
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19‑half percent
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21
22 (D) All other property, real and
23 personal, nine and one-half percent (9.5%). 2025STATE OF WYOMING25LSO-0715
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4SF0153
1
2. This act shall first apply to the tax year
3 beginning January 1, 2025.
4
5. This act is effective immediately upon
6 completion of all acts necessary for a bill to become law
7 as provided by Article 4, Section 8 of the Wyoming
8 Constitution.
9
10 (END)