Agricultural land qualifications-annual gross revenues.

This bill amends Wyoming's tax law to increase the annual revenue requirement for land to qualify as agricultural for property tax purposes. It raises the threshold from $500 to $5,000 per year for non-leased land owners (from agricultural product sales), while keeping the $1,000 requirement for leased land. Farmstead structures on qualifying land count toward meeting the revenue standard if the overall operation meets the criteria. The change would affect Wyoming landowners seeking agricultural tax classification, potentially excluding smaller farms that previously qualified under the lower threshold. The bill was introduced in 2022 but failed to pass.