The bill amends existing laws regarding residential rental properties in Wyoming, specifically clarifying the definitions and applicability of regulations for owners and renters. It defines a "residential rental unit" as a renter's principal place of residence that is rented for a minimum of six months, and it establishes that the state preempts local governments from regulating the leasing of these units. The bill emphasizes that it serves as the primary remedy for disputes between owners and renters, rather than the exclusive remedy, allowing for other legal actions to remain available.

Additionally, the bill prohibits cities, towns, counties, or other political subdivisions from imposing regulations on the leasing of residential rental units, including requiring registration or fees from owners. However, it clarifies that this prohibition does not affect land use plans and zoning ordinances. The effective date for this act is set for July 1, 2025.

Statutes affected:
Draft 25LSO-0010: 1-21-1201