Initiative 1: 50% Homeowner Property Tax Exemption for Primary Residences
Source: sos.wyo.gov
What does this measure do?
Supports: Cost of Living Reduction
Cuts property tax on a primary home by exempting half its assessed value, for owners who have lived in Wyoming at least a year and in the home six months of the prior year. The state expects to lose about $93 million a year starting in 2028, and local schools and services would lose more.
Read the official ballot measure (PDF)
Proposed by: Citizen initiative sponsored by BCR Initiatives (Brent Bien, Cheryl Aguiar and Rich Weber)
Bien ran for governor in the 2022 Republican primary. Weber was his campaign manager. Aguiar chairs the Hot Springs County Republican Party.
Source: news.ballotpedia.org
A YES vote means
Qualifying homeowners pay property tax on only half their home's assessed value, and the state, counties, and schools collect less.
A NO vote means
Property taxes on homes stay as they are.
Sources: ballotpedia.org · wyomingpublicmedia.org
Source: ballotpedia.org