SF0078

Wyoming SF0078 adjusts the taxable value for residential real property to 8.3% of fair market value.

Wyoming SF0078 modifies the definition of "taxable value" for residential real property, setting it at 8.3% of the fair market value. This change applies to residential properties improved by a dwelling for up to three families, including single-family homes and condominium units used as primary residences. The bill also adjusts the taxable value for all other property to 9.5%. The changes take effect starting with the tax year beginning January 1, 2026.