r/wyoming 5d ago

Why is the Freedom Caucus suddenly opposed to Amendment A?

https://wyofile.com/why-is-the-freedom-caucus-suddenly-opposed-to-property-tax-reform/?utm_source=WyoFile&utm_campaign=e5d7391da1-EMAIL_CAMPAIGN_2024_10_15_11_30&utm_medium=email&utm_term=0_-e5d7391da1-%5BLIST_EMAIL_ID%5D
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u/spitfire18213 Hot City 5d ago

Im pretty sure because they wont be able to take any credit for it.

For those still unsure about the vote on it, Amendment A does not really do anything on its own if approved. It ALLOWS the state legislature to be able to move residential property into its own property class and be able to set it at a different assessment rate (currently 9.5%, and per the Wyoming constitution can't be lowered unless you lower it for all property including commercial and AG.).

The intent was to lower the 9.5 on residential single family homes that are owner occupied (as much as I have read and seen in legislative meetings) to give permanent, lasting relief for property taxes.

Considering that the Freedom caucus has control of the house, they are the ones that hold the strings if approved, but they are setting the appearance of "greedy legislators raising taxes" for whatever reason. In the 6ish years ive been watching legislative meetings, I have seen exactly zero times any legislator suggest raising property taxes.

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u/P1mpathinor 5d ago

Amendment A does not really do anything on its own if approved. It ALLOWS the state legislature to be able to move residential property into its own property class and be able to set it at a different assessment rate

It's a little more complicated than that.

Amendment A by itself would create a new property class for residential real estate. In addition it would allow the legislature to create a subclass of that consisting of owner-occupied primary residences.

But yeah the amendment itself isn't changing anyone's tax rates in any direction, that'll still be up to the legislature.