This amendment modifies the residential property tax revision bill by clarifying definition language, expanding the scope of what constitutes a primary residence, refining property definitions, and changing the effective date to July 1, 2026.
- Adds an opening quotation mark before 'Owner' in the definition of owner-occupied primary residence. (Page 3, line 4)
- Clarifies that residential real property must be located 'in Wyoming' to qualify for the tax treatment. (Page 3, line 5)
- Changes 'applicable' to 'prior applicable' and adds clarification that if a primary residence is sold and another property is purchased within Wyoming, the months spent in both residences count toward the six-month primary residence requirement. (Page 3, lines 7-11)
- Expands the definition of 'dwelling' to explicitly include associated outbuildings and accessory structures such as sheds, pole barns, garages, and other buildings used for residential purposes. (Page 3, lines 13-17)
- Clarifies that 'residence' means the dwelling as used 'by the owner as defined in paragraph (xix) of this subsection'. (Page 3, lines 19-21)
- Deletes the phrase 'with the' from the provision language. (Page 5, line 18)
- Changes the effective date from 'the effective date of this act' to 'July 1, 2026'. (Page 5, lines 25-26)
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