Governor's Property Tax Relief Vetoes are Disappointing
Rep. Barry Crago, R-Buffalo, during the morning session March 6, 2024 in the House Chambers at the Wyoming State Capitol Building. Photo by Michael Smith
In this legislative session, the Legislature prioritized issues voiced by Wyomingites, with property tax relief topping the list. However, Governor Gordon's recent veto message demonstrated a glaring disconnect from public sentiment.
"This committee bill was the result of hard work and compromise, with overwhelming support in both chambers. To have it vetoed blindsided us," said Speaker Pro Tempore Clark Stith.
Wyoming property taxes have skyrocketed, with double-digit increases felt across communities due to surging property values. Legislators listened to hours of testimony and received hundreds of emails.
"The message was clear: we need property tax relief. So, we got to work and passed the most comprehensive property tax reform package in state history," said Rep. Steve Harshman. "One of these bills, SF54, would've slashed property taxes by 25% for every Wyoming homeowner. Sadly, thanks to the Governor's veto, that relief won't reach the people."
The tax reform package was the culmination of hundreds of hours of work, responding to constituents' cries for relief from runaway property tax hikes. The Governor's veto of SF54 has frustrated legislators and their constituents alike.
"Providing immediate tax relief to all of Wyoming’s citizens was one of the Legislature’s main goals this session, and I'm disappointed by the Governor's veto. SF54 was thoughtful policy, offering relief to all Wyoming homeowners this year. It was carefully crafted with a known expense with the sunset date, and a backfill to local governments," said Rep. Barry Crago.
Wyoming home owners should still expect some relief with four property tax bills set to go into effect: HB03 gives a 50% cut in taxes for long time (25 years) Wyoming taxpayers who reach age 65. HB04 still expands the existing tax refund program. HB45 caps property tax increases at 4%. And SF89 doubles the annual exemption for property taxes for Wyoming veterans.
There is still work to be done. We remain committed to advocating for comprehensive solutions that align with the priorities and sentiments of our constituents.
