This bill aims to repeal the sunset date of the property tax exemption for long-term homeowners in Wyoming, thereby allowing the exemption to remain in effect indefinitely. Specifically, it repeals Section 2 of the 2024 Wyoming Session Laws, Chapter 106, which previously established a termination date for this exemption.

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