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2006 Budget Session
HB 157 would have authorized an optional homeowner's tax credit at the county level.
Under current statute, residents who meet income and asset criteria may qualify for an annual credit against state property tax on their homes. HB 157 would have permitted county commissioners to extend additional property tax credits to qualified county residents if they so chose.
Supporters of HB 157 wanted to provide additional property tax relief to homeowners, to offset their general tax burden.
Opponents noted that HB 157 would do nothing to help Wyoming's poorest residents who don't own homes or property. They argued that only the wealthiest counties would be able to afford additional county-based property tax reductions, and they objected to potentially unequal taxation of Wyoming citizens based on geography.
The House received HB 157 for introduction but did not consider the bill for an introduction vote.