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Senate concurs with House changes to raise business personal‑property exemption to $75,000
Summary
The Senate concurred with the House amendment to increase the business personal‑property exemption from $50,000 to $75,000 on Senate File 48 after debate over fiscal impacts and possible avoidance strategies; concurrence passed on a roll call (20–11).
The Wyoming Senate voted to concur with House amendments to Senate File 48, raising the tangible personal‑property exemption for businesses so the first $75,000 of business personal property is exempt from personal property tax.
Senator McKeown moved concurrence and urged senators to vote aye. Supporters said the change would help small businesses and simplify compliance. Senator Case cited the original fiscal note and estimated the fiscal impact roughly scaled from the prior $50,000…
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