Wyoming legislation · 2026 Budget Session
Wyoming HB124: Property tax exemption reduction.
Status: Failed, February 10, 2026
AN ACT relating to taxation; amending a property tax exemption for single family residential structures based on the prior year assessed value; amending a property tax exemption for land associated with a single family residential structure based on the prior year assessed value; and providing for an effective date.
What the bill says
An act relating to taxation; amending a property tax exemption for single family residential structures based on the prior year assessed value; amending a property tax exemption for land associated with a single family residential structure based on the prior year assessed value; and providing for an effective date.
From the introduced text, February 9, 2026:
AN ACT relating to taxation; amending a property tax exemption for single family residential structures based on the prior year assessed value; amending a property tax exemption for land associated with a single family residential structure based on the prior year assessed value; and providing for an effective date. Be It Enacted by the Legislature of the State of Wyoming: Section 1. W.S. 39-11-105(a)(xliii)(A) and (xliv)(A) is amended to read: 39-11-105. Exemptions. HB0124 2026 STATE OF WYOMING 26LSO-0418 (a) The following property is exempt from property taxation: (xliii) A portion of a single family residential structure. The following shall apply to the exemption under this paragraph: (A) Subject to subparagraph (B) of this paragraph, the amount of the exemption under this paragraph shall be any assessed value of the single family residential structure that is in excess of the prior year assessed value less any exemption authorized under this paragraph in the prior year, plus four percent (4%) two percent (2%); (xliv) A portion of improved land associated with a single family residential structure. The following shall apply to the exemption under this paragraph: (A) Subject to subparagraph (B) of this paragraph, the amount of the exemption under this paragraph shall be any assessed value of improved land associated with a residential structure that is in excess of the prior …
Sponsors
- Bill Allemand (R, H58)
- Bear, John (R, H31)
- Gary Brown (R, H41)
- Tony Locke (R, H35) · primary sponsor
- Ken Pendergraft (R, H29)
- Justin Riggins (R, H59)
- Clarence Styvar (R, H12)
- Robert Ide (R, S29)
Latest actions
- : H Failed Introduction 31-29-2-0-0
- : H Received for Introduction
- : Bill Number Assigned
Votes
- H Failed Introduction 31-29-2-0-0 (February 10, 2026): 31 yea, 29 nay, failed
Subjects: Property tax exemption reduction.
Common questions
- What is HB124?
- HB124 is a bill in the Wyoming Legislature (2026 Budget Session): Property tax exemption reduction.
- What does HB124 do?
- In its own words: An act relating to taxation; amending a property tax exemption for single family residential structures based on the prior year assessed value; amending a property tax exemption for land associated with a single family residential structure based on the prior year assessed value; and providing for an effective date.
- What is the status of HB124?
- Failed as of February 10, 2026. Latest action: H Failed Introduction 31-29-2-0-0 (February 10, 2026).
- Who sponsored HB124?
- Tony Locke (R, H35), with 7 co-sponsors.
- Where is the official record for HB124?
- On the Wyoming Legislature website: https://wyoleg.gov/Legislation/2026/HB0124
Source: official Wyoming record. Tracked by Delilah, AI for legislation across all 50 states and Congress.