Wyoming SF0089 amends tax exemption rules for local housing projects, specifying ownership requirements and effective date.
Wyoming SF0089 amends the tax exemption for local housing projects by requiring full municipal or county ownership and specifying that the exemption does not apply to any portion used for profitmaking enterprises. It also allows municipalities or counties to make payments to public bodies instead of taxes on exempt property. The act applies to all taxpayers, cities, towns, and counties starting January 1, 2026, and becomes effective immediately upon completion of necessary legal procedures.
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