The bill amends the property tax exemption for long-term homeowners in Wyoming by changing the application deadline from the fourth Monday in May to March 1 each year. It also introduces a new provision that allows homeowners who have previously filed a claim to maintain their exemption in subsequent years by simply confirming their eligibility with the assessor's office by the same March 1 deadline. Additionally, the bill repeals the sunset date for this property tax exemption, ensuring its continuation without an expiration.

Furthermore, the bill clarifies that only one exemption can be claimed per property in any given year, and it maintains the requirement that the homeowner or their spouse must be at least 65 years old and have paid property taxes in Wyoming for 25 years or more. The effective date for this act is set for July 1, 2026.

Statutes affected:
Introduced: 39-11-105