Acquisition value study.

HB 100 requires Wyoming's Department of Revenue to hire a consultant to study converting the state's residential property tax system from current assessed value to one based on a property's original purchase price (acquisition value). The study must analyze revenue impacts across Wyoming, develop at least three implementation options - including one using 2017 values with annual 2% inflation - and address technical details like agricultural properties, new construction, and sales exclusions. The consultant must report findings to the Joint Revenue Committee by September 1, 2023, with the committee then determining if legislative action is needed. The bill appropriates $10,000 for this study, which is a preliminary step toward potential future tax system changes, not an immediate policy shift. This study directly affects how Wyoming might eventually calculate property taxes for homeowners.