Property tax-classes of property and residential value.

This bill proposes a constitutional amendment to reclassify Wyoming property taxes into four distinct categories: residential, commercial, agricultural, and personal property. It would allow residential properties (including owner-occupied homes) to be taxed at less than full market value, with limits on annual tax increases, while requiring agricultural land to be valued based on its productive capacity. The amendment also repeals a prior similar resolution (SJR 3 from 2023) that had been submitted to voters. The proposal would require voter approval to become part of Wyoming's constitution.