US EditionLawmakers Advance Plan to Revamp Wyoming’s Tax Structure
A 3% cap on annual assessed property value increases aims to curb rising taxes, with modeling projecting $3.3 billion savings for homeowners over 10 years.
2 Articles
2 Articles
Lawmakers advance plan to revamp Wyoming’s tax structure
by Maggie Mullen, WyoFile The Wyoming Legislature’s Joint Revenue Committee voted Wednesday to sponsor a pair of bills to eliminate residential property taxes and to raise sales taxes to replace the resulting revenue loss. The meeting in Cheyenne marked the last of the committee’s off-season work that prioritized property tax reforms and relief for homeowners. The topic has been a focal point for the Legislature since at least 2022. Lawmakers h…
Oklahoma has assessment limit and much lower property taxes than Kansas
With their property tax bills arriving in the mail, Kansans are paying far more than their neighbors in Oklahoma, which approved an assessment limit in 1996 and again in 2012. The stark reality of Oklahomans saving and Kansans being taxed out of their homes played out at the final meeting of the year for the Kansas Legislature’s joint House-Senate Special Committee on Taxation. Other tax issues were discussed during the day-long session, but the…
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