Bill providing badly needed property tax relief signed by governor
From the 2023-2024 session
Won Property Tax Relief
NFIB helped push to passage property tax relief bills:
- expanding Wyoming’s property tax refund program for people age 65 and older
- putting a permanent 4% cap on all year-to-year property tax increases
- providing a 50% exemption if owner/spouse is 65+ and has paid into the Wyoming property tax system for 25 years as amended.
- expanding the current property tax program with six income tiers that is funded by the General Fund
- exempting of the excess assessment of 5% of previous year’s taxable value for residential structure.
