This amendment removes provisions creating a new residential real property tax class and instead modifies the existing 'all other property' class to include residential properties while adjusting language regarding property valuation methods.
- Removes the word 'by' from the enacting clause that referenced creating a new subsection. (Page 1, line 12)
- Deletes the reference to creating a new subparagraph (C) for residential real property in the tax valuation section. (Page 1, line 13)
- Changes the renumbering of subparagraphs from renumbering (C) as (D) to simply referencing (C), eliminating the creation of a separate residential property class. (Page 2, lines 1-6)
- Removes language about creating a new subparagraph for residential real property valuation and adjusts references accordingly. (Page 2, lines 3-4)
- Deletes a provision that would have expanded valuation requirements and replaces it with modified language specifying that residential real property shall be valued under W.S. 39-13-103(b)(xviii) with a nine and one-half percent (9.5%) taxable value rate. (Page 4, lines 18 through 21 and Page 5, lines 1 through 4)
- Removes conforming amendments related to eliminating the separate residential property tax class from the state board of equalization provisions. (Page 11, lines 21 and 22)
- Replaces the separate residential property tax rate with modified language consolidating it into the 'all other property' class at nine and one-half percent (9.5%), while preserving the reference to residential real property valuation under paragraph (xviii). (Page 12, lines 1 through 5)
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