SF0061

Clarifies the property tax exemption for pollution control property by specifying that carbon dioxide is not considered pollution for exemption purposes and requires the Department of Revenue to promulgate implementing rules.

• Amends the pollution control property tax exemption statute to explicitly exclude carbon dioxide from the definition of air, water, or land pollution for purposes of determining tax-exempt property. (W.S. 35-11-1103, Sec. 1)
• Clarifies that the exemption applies to facilities, installations, machinery, or equipment designed and utilized primarily to eliminate, control, or prevent air, water, or land pollution, including portions of dual-purpose installations reasonably calculated to be devoted to pollution control. (W.S. 35-11-1103, Sec. 1)
• Specifies that the Department of Revenue determines exempt portions for property assessed under W.S. 39-13-102(m), while county assessors determine exempt portions for property assessed under W.S. 39-13-103(b). (W.S. 35-11-1103, Sec. 1)
• Clarifies that facilities with value as sources of marketable byproducts are not eligible for exemption. (W.S. 35-11-1103, Sec. 1)
• Requires the Department of Revenue to promulgate rules necessary to implement the act. (Sec. 2)

Effective: January 1, 2026

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