Wyoming HB45: Long-term homeowner tax exemption-revisions.

What the bill says

An act relating to taxation; revising the deadline to apply and the exemption amount for the property tax exemption for long-term homeowners; providing a method to claim the property tax exemption in subsequent years; establishing a limitation on the long-term homeowner tax exemption; amending definitions; repealing the sunset date of the property tax exemption; and providing for an effective date.

From the enrolled text, March 5, 2026:

AN ACT relating to taxation; revising the deadline to apply and the exemption amount for the property tax exemption for long-term homeowners; providing a method to claim the property tax exemption in subsequent years; establishing a limitation on the long-term homeowner tax exemption; amending definitions; repealing the sunset date of the property tax exemption; and providing for an effective date. Section 1. W.S. 39-11-105(a)(xlv)(A), (B), (C)(II) and by creating new subparagraphs (D) and (E) is amended to read: 39-11-105. Exemptions. (a) The following property is exempt from property taxation: (xlv) A portion of property used as a primary residence by long-term homeowners as provided in this paragraph. The following shall apply to this exemption: (A) For residential real property used as a primary residence, if the owner or their spouse is sixty-five (65) years of age or older and the owner or their spouse has paid residential property tax in Wyoming for twenty-five (25) years or more on any residential property, the amount of the exemption shall be fifty percent (50%) of the assessed value fair market value of the residential real property, provided that the exemption shall only apply to the first three million dollars ($3,000,000.00) of the fair market value of the residential real property; ORIGINAL HOUSE ENGROSSED BILL NO. HB0045 ENROLLED ACT NO. 23, HOUSE OF REPRESENTATIVES …

Read the full official text

Sponsors

• Revenue (I) · primary sponsor

Latest actions

1. March 7, 2026: Assigned Chapter Number 83
2. March 7, 2026: Governor Signed HEA No. 0023
3. March 6, 2026: S President Signed HEA No. 0023
4. March 5, 2026: S S Adopted HB0045JC001: 22-1-0-0-8
5. March 5, 2026: H Speaker Signed HEA No. 0023
6. March 5, 2026: Assigned Number HEA No. 0023
7. March 4, 2026: H H Adopted HB0045JC001: 53-5-3-0-1
8. March 3, 2026: S Appointed JCC01 Members
9. March 2, 2026: H Appointed JCC01 Members
10. March 2, 2026: H Concur:Failed 2-55-4-0-1

Votes

• S Adopted HB0045JC001: 22-1-0-0-8 (March 5, 2026): 22 yea, 1 nay, passed
• H Adopted HB0045JC001: 53-5-3-0-1 (March 4, 2026): 53 yea, 5 nay, passed
• S 3rd Reading:Passed 23-0-0-0-8 (March 2, 2026): 23 yea, 0 nay, passed
• H Concur:Failed 2-55-4-0-1 (March 2, 2026): 2 yea, 55 nay, failed
• S03 - Revenue:Recommend Do Pass 4-0-1-0-0 (February 23, 2026): 4 yea, 0 nay, passed
• H 3rd Reading:Passed 56-4-1-0-1 (February 13, 2026): 56 yea, 4 nay, passed

Common questions

What is HB45?

HB45 is a bill in the Wyoming Legislature (2026 Budget Session): Long-term homeowner tax exemption-revisions.

What does HB45 do?

In its own words: An act relating to taxation; revising the deadline to apply and the exemption amount for the property tax exemption for long-term homeowners; providing a method to claim the property tax exemption in subsequent years; establishing a limitation on the long-term homeowner tax exemption; amending definitions; repealing the sunset date of the property tax exemption; and providing for an effective date.

What is the status of HB45?

Signed into law as of March 7, 2026. Latest action: Assigned Chapter Number 83 (March 7, 2026).

Who sponsored HB45?

Revenue (I).

Where is the official record for HB45?

On the Wyoming Legislature website: https://wyoleg.gov/Legislation/2026/HB0045