House Revenue Committee backs bill to set residential assessment rate at 8.3% to implement Amendment A

The Wyoming House Revenue Committee on [date] voted 7‑1 to advance House Bill 328, setting a residential assessed value of 8.3 percent and creating a separate fourth class for residential real property, including an owner‑occupied primary residence, as an implementation of the 2024 constitutional Amendment A.

Committee Chair Representative Locke, the bill’s sponsor, said the measure “is really just an attempt or a, an implementation really of the amendment A that was passed in this last election.” He explained the proposed 8.3 percent assessment level was calculated to remain within constitutional constraints compared with the industrial tier and to reflect the intent of Amendment A.

Ken Gill of the Wyoming Department of Revenue’s Property Tax Division told the committee the department supports the bill’s goal but offered an amendment to align definitions with current administrative practice. Gill said residential property in the…