WyomingSF 482025 General SessionSenateWALLET

AN ACT relating to taxation and revenue; providing a business property tax exemption as specified; and providing for an effective date.

Sponsored By: null Revenue

Signed by Governor

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Bill Overview

Analyzed Economic Effects

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

Wyoming business owners get property tax relief

Beginning January 1, 2026, Wyoming exempts each owner's first $75,000 in business personal property's fair market value in each county. This replaces the former exemption for property valued at $2,400 or less. Owners with property in multiple counties get a separate exemption in each county. Personal property already exempt because it is held for personal or family use does not count toward this exemption. Actual tax savings depend on local property tax rates.

Sponsors & Cosponsors

Sponsor

  • null Revenue

    Affiliation unavailable

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 107 • No: 28

House vote • 2/20/2025

H 3rd Reading:Passed 56-4-2-0-0

Yes: 56 • No: 4

House vote • 2/20/2025

S Concur:Passed 20-11-0-0-0

Yes: 20 • No: 11

House vote • 2/11/2025

H03 - Revenue:Recommend Do Pass 5-3-1-0-0

Yes: 5 • No: 3

Senate vote • 1/23/2025

S 3rd Reading:Passed 22-9-0-0-0

Yes: 22 • No: 9

Senate vote • 1/17/2025

S03 - Revenue:Recommend Do Pass 4-1-0-0-0

Yes: 4 • No: 1

Actions Timeline

  1. Assigned Chapter Number 28

    2/24/2025
  2. Governor Signed SEA No. 0019

    2/24/2025Governor
  3. H Speaker Signed SEA No. 0019

    2/20/2025House
  4. S President Signed SEA No. 0019

    2/20/2025Senate
  5. Assigned Number SEA No. 0019

    2/20/2025
  6. S Concur:Passed 20-11-0-0-0

    2/20/2025Senate
  7. S Received for Concurrence

    2/20/2025Senate
  8. H 3rd Reading:Passed 56-4-2-0-0

    2/20/2025House
  9. H 3rd Reading:Laid Back

    2/19/2025House
  10. H 3rd Reading:Laid Back

    2/18/2025House
  11. H 2nd Reading:Passed

    2/14/2025House
  12. H COW:Passed

    2/13/2025House
  13. H Placed on General File

    2/11/2025House
  14. H03 - Revenue:Recommend Do Pass 5-3-1-0-0

    2/11/2025House
  15. H Introduced and Referred to H03 - Revenue

    2/10/2025House
  16. H Received for Introduction

    1/23/2025House
  17. S 3rd Reading:Passed 22-9-0-0-0

    1/23/2025Senate
  18. S 2nd Reading:Passed

    1/22/2025Senate
  19. S COW:Passed

    1/21/2025Senate
  20. S Placed on General File

    1/17/2025Senate
  21. S03 - Revenue:Recommend Do Pass 4-1-0-0-0

    1/17/2025Senate
  22. S Introduced and Referred to S03 - Revenue

    1/14/2025Senate
  23. S Received for Introduction

    1/2/2025Senate
  24. Bill Number Assigned

    12/19/2024

Bill Text

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