Industrial production equipment stored in Wyoming before installation is exempt from property tax.

Wyoming HB0012 provides an exemption from property tax for industrial production equipment stored in the state before its first installation. The equipment must be stored at a commercial storage facility approved by the department. The exemption does not apply to equipment with a sales price under $50,000, mobile machinery, or raw materials. The exemption lasts until the equipment is installed or removed from the facility.

Industrial production equipment stored in Wyoming before installation is exempt from property tax.

Wyoming HB0012 provides an exemption from property tax for industrial production equipment stored in the state before its first installation. The equipment must be stored at a commercial storage facility approved by the department. The exemption does not apply to equipment with a sales price under $50,000, mobile machinery, or raw materials. The exemption lasts until the equipment is installed or removed from the facility.