2023 23LSO-0620
STATE OF WYOMING
SENATE FILE NO. SF0136
Property tax relief-assessment rate reduction.
Sponsored by: Senator(s) Biteman, Ide, Kinskey, McKeown,
Salazar and Steinmetz and Representative(s)
Bear, Byron and Jennings
A BILL
for
1 AN ACT relating to taxation; decreasing the property tax
2 assessment rate for the all other property class; and
3 providing for an effective date.
4
5 Be It Enacted by the Legislature of the State of Wyoming:
6
7 Section 1. W.S. 39-11-101(a)(xvii)(C) and
8 39-13-103(b)(iii)(C) are amended to read:
9
10 39-11-101. Definitions.
11
12 (a) As used in this act unless otherwise specifically
13 provided:
14
1 SF0136
 2023 STATE OF WYOMING 23LSO-0620
1 (xvii) "Taxable value" means a percent of the
2 fair market value of property in a particular class as
3 follows:
4
5 (C) All other property, real and personal,
6 including property valued and assessed under W.S.
7 39-13-102(m)(vi) and (ix), nine and one-half percent (9.5%)
8 seven and one-half percent (7.5%).
9
10 39-13-103. Imposition.
11
12 (b) Basis of tax. The following shall apply:
13
14 (iii) Beginning January 1, 1989, "taxable value"
15 means a percent of the fair market value of property in a
16 particular class as follows:
17
18 (C) All other property, real and personal,
19 nine and one-half percent (9.5%) seven and one-half percent
20 (7.5%).
21
2 SF0136
 2023 STATE OF WYOMING 23LSO-0620
1 Section 2. This act is effective January 1, 2024.
2
3 (END)
3 SF0136


Statutes affected:
Introduced: 39-11-101, 39-13-103