This bill aims to repeal the sunset date of the property tax exemption for long-term homeowners in Wyoming. Specifically, it removes the expiration provision outlined in the 2024 Wyoming Session Laws, Chapter 106, Section 2, thereby allowing the property tax exemption to remain in effect indefinitely for eligible homeowners.

The bill will take effect on July 1, 2025, ensuring that long-term homeowners can continue to benefit from the property tax exemption without the concern of it being phased out in the future.