Property tax holiday.

HB 256 would have provided a temporary property tax reduction for Wyoming property owners during the 2023 tax year. It offered a 33.33% reduction for most properties and a 16.67% reduction for industrial properties, as defined in existing law. The tax relief applied only to 2023 taxes and would have expired on June 30, 2024, with no permanent change to tax rates. This bill specifically affected property owners paying ad valorem taxes, including those with mineral production properties.