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House amends Senate File 153 to clarify owner-occupied definition, sets 2025 residential taxable rate then lays bill back
Summary
Lawmakers amended Senate File 153 to include trust-held property in owner-occupied definitions, debated whether long-term renters should qualify, moved the 2025 residential taxable rate to 8.3 percent, adopted several amendments, and laid the bill back for one day.
The Wyoming House considered multiple amendments to Senate File 153, a bill on residential real property taxable values and related taxation provisions. Lawmakers moved a sequence of second-reading amendments to clarify definitions and set taxable rates for 2025.
Representative Chestyck offered an amendment to confirm that an "owner" includes those holding property beneficially in trusts, clarifying that owner-occupied status covers property held in common estate-planning structures. The amendment was adopted.
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