Committee advances bill to give targeted homeowner relief — 50% exemption up to $200,000 of structure value, funding debated

The Wyoming House Revenue Committee on [date] advanced House Bill 130, a two‑year homeowner tax relief proposal that would apply a 50 percent exemption to the fair market value of a primary residence — capped at $200,000 of structure value — and include an active‑duty military carve‑out. The committee adopted multiple amendments and voted to remove a section that would have clawed back energy matching funds to help pay for the program.

Majority Floor Leader Representative Heiner introduced the bill as “another arrow in the quiver” of property tax relief options. Heiner described the measure as a two‑year, immediately effective relief program for tax years 2025–26 with a $200,000 ceiling (structure value only) and a 50 percent reduction of assessed value on the structure portion. He said the proposal would cost roughly $80.85 million per year and that the two‑year appropriation in the bill was $176 million.

The bill defines a primary residence as a single‑family residential structure the owner occupies for not less than eight months of the year; Representative Heiner said he chose an eight‑month…