WyomingWyoming proposal could let lawmakers choose how homes are valued for taxes
If lawmakers and voters approve this amendment, Wyoming could let legislators set home tax values using a method they put in law.
What it does
If two-thirds of each legislative chamber and a majority of voters approve, Wyoming lawmakers could choose a method for valuing homes for property taxes.
Argument forIf approved, the amendment could let lawmakers choose a method that makes homeowners’ tax values less sensitive to changes in market prices.
Argument againstA different method might make home tax values less tied to market prices, making those values harder for owners to check.
More detail
Wyoming lawmakers could set a method for valuing homes for property taxes. The method would apply to residential property in Wyoming. Two-thirds of all members of each legislative chamber must agree, and a majority of voters at the election must approve the amendment. Lawmakers would have to set any chosen method by law. If legislators agree, the proposal would go to voters at the next general election.
Where do you stand?
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Where it stands
- Introduced
- Passed 1st Chamber
- Passed 2nd Chamber
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
No actions on record yet. Even bills need a warm-up.
Taxes & BudgetHousing