The bill amends Wyoming law regarding property tax exemptions for properties used to eliminate, control, or prevent air, water, or land pollution. It clarifies that carbon dioxide is not considered pollution for the purposes of this exemption. The amended language specifies that property designed for pollution control, including facilities, installations, machinery, or equipment, is exempt from ad valorem taxation, with the Department of Revenue and county assessors responsible for determining the exempt portions of such properties.

Additionally, the bill mandates the Department of Revenue to create any necessary rules to implement these changes. The act is set to take effect on January 1, 2026, with certain sections becoming effective immediately upon the completion of legislative processes.

Statutes affected:
Introduced: 35-11-1103