This bill clarifies the taxability of state-owned lands in Wyoming by amending existing property tax exemption laws. It introduces a new exemption for lands owned by the state, stating that these lands are exempt from property taxation regardless of their use. However, it also specifies that this exemption does not apply to other properties, including improvements to land, that are not primarily used for governmental purposes. Additionally, this new exemption will be repealed on January 1, 2027, and will apply to the tax year beginning January 1, 2025.

To further study the implications of this tax exemption, the bill establishes a government property task force composed of members appointed by legislative leaders and the governor. The task force is tasked with reviewing the taxability of government property, considering historical taxation practices, and making recommendations for uniform exemptions across different types of government property. The task force is required to report its findings by October 1, 2025, and will be funded through appropriations from the general fund, totaling $65,000, for the duration of its operation until June 30, 2026.

Statutes affected:
Introduced: 39-11-105