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House committee approves bill to prevent "stacking" of homeowners exemptions if initiative passes

House Travel, Recreation & Wildlife Committee (House TRW) · February 17, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The House TRW committee on Feb. 20 approved House Bill 147, a narrowly written repeal that would remove a 25% homeowners exemption only if a separate people's initiative creating a 50% residential exemption is later implemented. Supporters said the measure avoids administrative burdens and prevents cumulative tax cuts; opponents raised timing concerns.

CHEYENNE, Wyo. — The House Travel, Recreation & Wildlife Committee on Feb. 20 voted 7-2 to advance House Bill 147, a measure that would automatically repeal a prior 25% homeowners exemption if a separate people's initiative that creates a 50% residential exemption is later implemented.

Sponsor Representative Tony Locke, R., said the bill is narrowly tailored to prevent exemptions from being "stacked" so that a 50% initiative would not be layered on top of an existing 25% homeowner exemption. "All it really does is it just repeals what was implemented with Senate File 69," Locke told the committee, adding the intent was never to have both exemptions in effect at the same time.

The bill drew support from county officials and assessors at the hearing. Ken Gill, administrator of the Department of Revenue's Property Tax Division, described the fiscal presentation as an…

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