WyomingHB 2792025 General SessionHouseWALLET

AN ACT relating to property taxation; specifying that if multiple property tax exemptions apply to the same property the exemptions shall be applied in the manner determined by the department of revenue; specifying requirements for the order of application of exemptions; providing an appropriation; and providing for an effective date.

Sponsored By: Bob Nicholas (Republican)

Signed by Governor

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Bill Overview

Analyzed Economic Effects

2 provisions identified: 1 benefits, 0 costs, 1 mixed.

State funding for property tax refunds

The law provides $10.5 million from Wyoming’s general fund for property tax refunds to residents who qualify under the existing program. Funding runs from the law’s immediate effective date through June 30, 2026; the law sets no individual refund amount. The Department of Revenue cannot transfer or spend this money for another purpose. Funds neither spent nor committed return as required by law on June 30, 2026. This funding falls dollar-for-dollar for refund-program appropriations in 2025 Senate File 0001 or House Bill 0001 if those acts become law.

New order for property tax exemptions

Effective immediately, Wyoming’s Department of Revenue sets the order when multiple exemptions under W.S. 39-11-105(a) apply to one property. Exemptions covering part of the assessed value apply one after another, using the value left after earlier exemptions. Percentage exemptions apply from the smallest percentage to the largest. Exemptions not based on a percentage apply after percentage exemptions. This calculation can affect taxable value, but the law does not guarantee a lower tax bill.

Sponsors & Cosponsors

Sponsor

  • Bob Nicholas

    Republican • House

Cosponsors

  • Ken Clouston

    Republican • House

  • Steve Harshman

    Republican • House

  • Lloyd Larsen

    Republican • House

  • Jim Anderson

    Republican • Senate

  • Eric Barlow

    Republican • Senate

  • Cale Case

    Republican • Senate

  • Barry Crago

    Republican • Senate

  • Dan Dockstader

    Republican • Senate

  • Bill Landen

    Republican • Senate

  • Tara Nethercott

    Republican • Senate

  • Stephan Pappas

    Republican • Senate

Roll Call Votes

All Roll Calls

Yes: 164 • No: 0

Senate vote • 3/3/2025

S 3rd Reading:Passed 31-0-0-0-0

Yes: 31 • No: 0

House vote • 3/3/2025

H Concur:Passed 60-0-2-0-0

Yes: 60 • No: 0

Senate vote • 2/26/2025

S03 - Revenue:Recommend Do Pass 5-0-0-0-0

Yes: 5 • No: 0

House vote • 2/5/2025

H 3rd Reading:Passed 60-0-2-0-0

Yes: 60 • No: 0

House vote • 1/30/2025

H03 - Revenue:Recommend Do Pass 8-0-1-0-0

Yes: 8 • No: 0

Actions Timeline

  1. Assigned Chapter Number 147

    3/17/2025
  2. Governor Signed HEA No. 0064

    3/17/2025Governor
  3. S President Signed HEA No. 0064

    3/4/2025Senate
  4. H Speaker Signed HEA No. 0064

    3/4/2025House
  5. Assigned Number HEA No. 0064

    3/3/2025
  6. H Concur:Passed 60-0-2-0-0

    3/3/2025House
  7. H Received for Concurrence

    3/3/2025House
  8. S 3rd Reading:Passed 31-0-0-0-0

    3/3/2025Senate
  9. S 2nd Reading:Passed

    2/28/2025Senate
  10. S COW:Passed

    2/27/2025Senate
  11. S Placed on General File

    2/26/2025Senate
  12. S03 - Revenue:Recommend Do Pass 5-0-0-0-0

    2/26/2025Senate
  13. S Introduced and Referred to S03 - Revenue

    2/18/2025Senate
  14. S Received for Introduction

    2/5/2025Senate
  15. H 3rd Reading:Passed 60-0-2-0-0

    2/5/2025House
  16. H 2nd Reading:Passed

    2/4/2025House
  17. H COW:Passed

    2/3/2025House
  18. H Placed on General File

    1/30/2025House
  19. H03 - Revenue:Recommend Do Pass 8-0-1-0-0

    1/30/2025House
  20. H Introduced and Referred to H03 - Revenue

    1/27/2025House
  21. H Received for Introduction

    1/23/2025House
  22. Bill Number Assigned

    1/22/2025

Bill Text

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