In 2024, voters in Wyoming will decide on a constitutional amendment to add residential real property as a fourth, separate, class of property for property tax purposes. Under the amendment, the legislature would be authorized to create a subclass of residential property for owner-occupied primary residences, which could be assessed at a different rate from other property in the residential property class.
Currently, the Wyoming Constitution requires property to be assessed at full value, uniformly, in each of three existing property classes:
- gross production of minerals and mine products in lieu of taxes on the land where produced;
- property used for industrial purposes; and
- all other real and personal property.
To put the legislatively referred constitutional amendment before voters, a two-thirds (66.67%) supermajority vote was required in both the Wyoming State Senate and the Wyoming House of Representatives.
On Jan. 26, 2023, the state Senate approved the amendment in a vote of 21-10. The state House approved an amended version of the bill in a vote of 53-9 on Feb. 28, 2023, and the Senate concurred with the House’s amendments on March 2 in a vote of 22-8.
Between 2000 and 2022, 22 constitutional amendments appeared on the ballot in Wyoming. Thirteen (59%) were approved and nine (41%) were defeated.