The Wyoming Realtors Association’s political action committee (PAC) has spent nearly $550,000 to rally voter support for the passage of Amendment A, which would create 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.”
Cowboy State Daily reports the PAC 4Wyoming’s outreach has included the creation of a website, billboard and online advertising. 4Wyoming’s expenditure is the largest by a PAC since Right for Wyoming spent $650,000 in the 2018 primary election for U.S. Rep. Harriet Hageman’s gubernatorial campaign.
“For years, we’ve thought we should have a fourth tier for residential,” said Laurie Urbigkit, government affairs director for Wyoming Realtors and treasurer of the 4Wyoming political action committee. “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.”
In comparison to 4Wyoming’s spending, the main opponents of Amendment A, the Wyoming Stockmen for Liberty PAC, has spent $31,411 in the current election, mostly with advertisements that call the proposal “intentionally deceitful” and “fake property tax relief.”