All Roll Calls
Yes: 125 • No: 11
WyomingSF 492025 General SessionSenateWALLET
AN ACT relating to ad valorem taxation; requiring tangible personal property to be valued using valuation indexes and depreciation schedules as specified; requiring rulemaking; and providing for effective dates.
Sponsored By: null Revenue
Signed by Governor
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Bill Overview
Analyzed Economic Effects
1 provisions identified: 0 benefits, 0 costs, 1 mixed.
Wyoming changes personal property tax values
Beginning January 1, 2026, Wyoming must value covered taxable personal property annually using state valuation indexes and depreciation schedules. The depreciation floor is 20% of the property's reported installed cost. Once property reaches that floor, its trending factor stays fixed until the property leaves service. This fixes the value-adjustment factor, not the tax bill. The method excludes property covered by W.S. 39-13-102(m) and mobile homes requiring titles under W.S. 31-2-501 through 31-2-508. The Department of Revenue's duty to adopt implementing rules takes effect immediately when the act becomes law. Appraisal methods must follow generally accepted standards. Owners' tax bills can rise or fall, but the law does not provide enough information to calculate individual changes.
Sponsors & Cosponsors
Sponsor
null Revenue
Affiliation unavailable
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
Senate vote • 2/19/2025
S Concur:Passed 31-0-0-0-0
Yes: 31 • No: 0
House vote • 2/18/2025
H 3rd Reading:Passed 57-4-1-0-0
Yes: 57 • No: 4
House vote • 2/11/2025
H03 - Revenue:Recommend Amend and Do Pass 7-1-1-0-0
Yes: 7 • No: 1
Senate vote • 1/23/2025
S 3rd Reading:Passed 27-4-0-0-0
Yes: 27 • No: 4
Senate vote • 1/20/2025
S03 - Revenue:Recommend Amend and Do Pass 3-2-0-0-0
Yes: 3 • No: 2
Actions Timeline
Assigned Chapter Number 20
2/24/2025Governor Signed SEA No. 0008
2/24/2025GovernorH Speaker Signed SEA No. 0008
2/20/2025HouseS President Signed SEA No. 0008
2/19/2025SenateAssigned Number SEA No. 0008
2/19/2025S Concur:Passed 31-0-0-0-0
2/19/2025SenateS Received for Concurrence
2/18/2025SenateH 3rd Reading:Passed 57-4-1-0-0
2/18/2025HouseH 2nd Reading:Passed
2/14/2025HouseH COW:Passed
2/13/2025HouseH Placed on General File
2/11/2025HouseH03 - Revenue:Recommend Amend and Do Pass 7-1-1-0-0
2/11/2025HouseH Introduced and Referred to H03 - Revenue
2/10/2025HouseH Received for Introduction
1/24/2025HouseS 3rd Reading:Passed 27-4-0-0-0
1/23/2025SenateS 2nd Reading:Passed
1/22/2025SenateS COW:Passed
1/21/2025SenateS Placed on General File
1/20/2025SenateS03 - Revenue:Recommend Amend and Do Pass 3-2-0-0-0
1/20/2025SenateS Introduced and Referred to S03 - Revenue
1/14/2025SenateS Received for Introduction
1/2/2025SenateBill Number Assigned
12/19/2024
Bill Text
Engrossed
Enrolled
Introduced
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