This bill amends existing tax laws regarding property owned by the Wyoming Game and Fish Commission. It exempts real property owned by the commission from property taxation, with specific exceptions for properties used for wildlife management purposes and employee residences. The bill clarifies that these exceptions will be assessed based on the taxable value of agricultural land and similar properties, respectively. The language in the bill replaces previous provisions that did not specify these exceptions, ensuring that only certain types of property owned by the commission are subject to taxation.

Additionally, the bill introduces a special tax for real property owned by the commission that is used for wildlife management or employee residences, which will be calculated in lieu of the standard ad valorem property tax. The special tax for employee residences will be equivalent to the ad valorem tax that would have been applied if the property were assessed at fair market value. The act will take effect on January 1, 2026, and it specifies that it will not affect any tax assessments or collections prior to that date.

Statutes affected:
Introduced: 39-11-105, 39-13-103
Engrossed: 39-11-105, 39-13-103