FEBRUARY 26, 2025
Photo – House Chamber – Bigfoot99 file photo
With time running out next week on the legislature’s session, a joint conference committee of three Wyoming senators and three representatives failed to reach a deal on a property tax cut measure early Tuesday morning.
The deal to amend Senate File 69, “Homeowner property tax exemption,” includes a 25% property tax cut for residential structures up to $1 million.
The proposal does not include a sunset date, although the cuts may have to be repealed, depending on the outcome of a 2026 ballot initiative to cut 50% of homeowners’ property taxes.
Three members from the house and three from the senate met Tuesday morning but were unable to reach a compromise agreement. The two sides were deadlocked yesterday—three for and three against—the senate’s offer of a 25% cut.
Senator Tim Salazar told reporters that he believed the deal was to agree before he entered the negotiation on Tuesday morning. So, the result was a “surprise.”
Senate members expressed hope that a deal can still be reached.
