Residential property tax cap-amendment.
This joint resolution proposes a constitutional amendment to allow Wyoming's legislature to limit annual increases in the assessed value of residential real property for tax purposes. If approved, it would enable the state to implement a "maximum annual valuation increase" for residential properties, preventing rapid yearly jumps in taxable value. The amendment directly affects residential property owners by potentially stabilizing their property tax assessments over time. It does not change current tax rates but modifies how property values are calculated annually. The proposal requires voter approval to become part of Wyoming's Constitution.
Bill status
died
1 of 4 stages cleared
Introduction
Jan 2023
Committee Review
Floor Vote
Governor
Introduced Jan 18, 2023
Last action Feb 7, 2023
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
5
Key actions
0
Committee
1
Feb 7, 2023
Committee
H:Died in Committee Returned Bill Pursuant to HR 5-4
lower
Jan 18, 2023
Introduced
H Introduced and Referred to H03 - Revenue
lower
1 primary · 7 co-sponsors
Sponsors
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