SF0098

Provides ad valorem property tax exemptions for honorably discharged veterans, active or reserve military members, and surviving spouses or parents of specified military personnel who are Wyoming residents.

• Grants property tax exemption to honorably discharged veterans who served on active duty in the U.S. armed forces for at least 18 consecutive months and are bona fide Wyoming residents for at least one year at the time of claiming the exemption. (W.S. 39-13-105(a)(viii), Sec. 1)
• Grants property tax exemption to honorably discharged veterans who served in the Wyoming national guard for at least 18 consecutive months and are bona fide Wyoming residents for at least one year at the time of claiming the exemption. (W.S. 39-13-105(a)(ix), Sec. 1)
• Grants property tax exemption to active or reserve members of the Wyoming national guard who are in good standing and are bona fide Wyoming residents for at least one year at the time of claiming the exemption. (W.S. 39-13-105(a)(x), Sec. 1)
• Grants property tax exemption to active or reserve members of the U.S. armed forces who are in good standing and are bona fide Wyoming residents for at least one year at the time of claiming the exemption. (W.S. 39-13-105(a)(xi), Sec. 1)
• Defines 'good standing' as having completed a creditable year of service toward military retirement in the calendar year immediately preceding the exemption application. (W.S. 39-13-105(f)(i), Sec. 1)
• Defines 'honorably discharged veteran' as a member of the U.S. armed forces whose written evidence of separation shows an honorable discharge or rendition of honorable military service. (W.S. 39-13-105(f)(ii), Sec. 1)
• Establishes that the exemptions first apply to the tax year beginning January 1, 2026. (Sec. 2)

Effective: Upon completion of all acts necessary for a bill to become law as provided by Wyoming Constitution Article 4, Section 8

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