Personal property-tax exemption.

Wyoming's SF 110 creates a property tax exemption for small business owners who own tangible personal property valued at $2,400 or less in a single county. This directly affects small business owners with minimal business assets, excluding property used for personal or family purposes. The bill modifies existing tax law to exempt qualifying business property from taxation, effective January 1, 2024, and repeals related reporting requirements. It does not change tax rates or apply to property assessed before 2024.