Revenue Committee advances long-term homeowner exemption changes, moves March 1 deadline
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Summary
The Revenue Committee approved revisions to long-term homeowner property tax exemptions, including changing an administrative deadline to March 1 and clarifying residency/owner-occupancy language; the measure passed committee on a roll-call vote.
The Revenue Committee voted to advance revisions to the long-term homeowner property tax exemption, approving an amendment to move an administrative deadline to March 1 and clarifying how the exemption applies to owner-occupied residential property.
Committee members debated an amendment aimed at tying the exemption to a person’s residency rather than to a specific parcel, responding to concerns that prior language had attached benefits to a house rather than an individual who had lived in Wyoming. Assessor Dixie Huxtable and LSO staff discussed operational implications; Huxtable supported the March 1 date to give assessors more time to certify values and process exemptions.
The committee agreed to an amendment resetting the certification date to March 1 to allow counties additional processing time. After discussion the committee took a roll-call vote on the working draft of the long-term homeowner tax exemption revisions (26 LSO 0099) and recorded 11 ayes, 1 no and 4 excused; the measure advanced from committee as amended.
What’s next: The bill will be scheduled for consideration by the full legislature; staff said final amendment language would be circulated to committee members when available.
Source: Committee hearing and roll-call recorded in the Revenue Committee transcript.