Wyoming voters approved the passage of Amendment A, a constitutional amendment that creates a fourth class of taxation for residential properties.
Amendment A states: “The adoption of this amendment would separate residential real property into its own class of property for purposes of property tax assessments. The amendment would authorize the legislature to create a subclass of owner occupied primary residences.” The amendment would update the state’s constitution that grouped residential with commercial and agricultural property. According to WyoFile.com coverage, roughly 54% of voters supported Amendment A, according to unofficial results from the Wyoming Secretary of State’s office.
The Wyoming Realtors Association’s political action committee (PAC) spent nearly $550,000 to rally voter support for the passage of Amendment A. Laurie Urbigkit, government affairs director for Wyoming Realtors and treasurer of the 4Wyoming political action committee, said, “For years, we’ve thought we should have a fourth tier for residential. We’ve always been behind it and always wanted to do it. It’s been our longstanding position to support any legislation that helps people stay in their homes. Too many people are in real dire situations.”
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