SF 78

This bill draft proposes changes to property tax assessment classifications and taxable value percentages in Wyoming. It defines "residential real property" as property improved by a dwelling for up to three families, including associated land if owned by the dwelling owner. The taxable value for residential real property is set at 8.3% of its fair market value, while the taxable value for all other property, real and personal, is set at 9.5%. These changes would take effect starting with the 2026 tax year.