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House committee keeps long‑term homeowner property tax exemption, adds $3 million cap and portability
Summary
The Committee of the Whole advanced a revised long‑term homeowner tax exemption bill that moves the application date to March 1, allows phone renewals, repeals the sunset and introduces a $3,000,000 fair market value cap and portability so the exemption can follow an owner who moves within Wyoming.
The House Committee of the Whole advanced House Bill 45 with a standing committee amendment that substantially changes the long‑term homeowner exemption. Representative Lean, explaining the amendment, said it moves application timing to March 1, allows re‑application by phone, removes the sunset, and introduces a cap that…
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