FOR IMMEDIATE RELEASE

Governor Gordon Signs Emergency Rules To Administer Property Tax Exemption

“I am proud of our conservative and prudent posture toward taxation, and I hope we keep this disposition of fiscal responsibility as the legislature convenes in Cheyenne.”

CHEYENNE, Wyo. - Feb. 4, 2026 - Governor Mark Gordon (R-WY) this morning signed emergency rules, ensuring the proper administration of residential property tax reductions for tax year 2026. Included in the rules is a deadline to notify county assessors of owner-occupied status by March 1, 2026.

In the 2025 General Session, the Wyoming State Legislature approved a 25% exemption on the first $1,000,000 of fair market value for owner-occupied, single-family residential property. To receive the exemption for the 2026 tax year, eligible homeowners must submit an affidavit to their county assessor attesting that they reside in the home they are claiming the exemption for. Homeowners must reside on the property for not less than eight months of the year to be eligible.

“Over the past several years, the legislature has passed and I have signed a number of property tax relief measures. This relief is available now, and I urge eligible property owners to take advantage before March 1,” Governor Gordon said. “Wyoming recently ranked first in the nation for tax competitiveness. I am proud of our conservative and prudent posture toward taxation, and I hope we keep this disposition of fiscal responsibility as the legislature convenes in Cheyenne.”

Moving forward, the Governor urged lawmakers and taxpayers to have honest conversations about property taxation in Wyoming and the services those dollars support: “Let us remember that property taxes do not go to the state. Rather, they go to our towns, counties, schools, and special districts. Local governments often rely on this source of revenue to maintain the essential services we depend on, especially in our hardship areas where other sources of revenue are sparse.”

“We estimate there are about 137,000 Wyoming residential property owners who would be eligible to claim this exemption.  As of today, 40,100 residential property owners have completed this application since our website went live last October,” said State Department of Revenue Director Bret Fanning. “If you wish to claim this exemption, please visit our website before March 1.  Thanks to Governor Gordon for approving our Emergency Rules so that residential property owners have clarity with the filing deadline and procedures.”     

To find more information on the 25% owner-occupied residential property tax exemption and to submit an affidavit claim, residents can go to their local county assessor’s office or to the Wyoming Department of Revenue website: https://revenue.wyo.gov/. 

For more information contact:

Amy Edmonds, Communications Director, [email protected]

Janelle Collins, Strategic Communications Director, [email protected]

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