Housing

HB 2, the Fast Track Permits Act, requires cities, towns, and counties in Wyoming to review residential building permit applications within strict deadlines. Local governments must notify applicants within 15 days if an application is incomplete and must approve or deny complete applications within 30 days (excluding delays for clarification or state/federal approvals). If deadlines are missed, permits are automatically approved as submitted the next day. The bill directly affects homebuilders applying for permits for detached single-family homes, townhouses, or small multi-unit projects under specific size and code limits, and the local governments that process these applications.

This bill amends Wyoming's tax exemption rules for housing projects owned by cities or counties. It requires that such housing property be 100% publicly owned (by a municipality, county, or fully controlled entity) to qualify for tax exemption, excludes profit-making portions from the exemption (while allowing adjustments for public utility costs), and permits cities to instead make payments to maintain low-rent housing. The changes apply to all Wyoming cities, towns, and counties starting January 1, 2026.

This bill proposes amending Wyoming's constitution to eliminate property taxes on residential homes. It would change Article 15, Section 11(b) to set the tax rate for residential property at 0%, meaning no property tax would be assessed on residential real estate. The amendment requires voter approval at the next general election to take effect. It directly affects all Wyoming homeowners who currently pay property tax on their primary residences.