HB0309 - Property tax-assessment of affordable housing.
2001 |
State of Wyoming |
01LSO-0208 |
HOUSE BILL NO. HB0309
Property tax-assessment of affordable housing.
Sponsored by: Representative(s) Law and Shivler and
Senator(s) Larson
A BILL
for
1 AN ACT relating to
taxation and revenue; providing for the
2 valuation
of certain rental property used for affordable
3
housing as specified; and providing for an effective date.
4
5 Be It Enacted by the Legislature of the State of Wyoming:
6
7 Section
1. W.S. 39-13-103(b) by creating a new
8
paragraph (xvii) is amended to read:
9
10 39-13-103. Imposition.
11
12 (b) Basis of tax. The following shall apply:
13
14 (xvii) For valuation of any real property used
15 for
affordable housing purposes under an authorized
16 governmental
program, the county assessor may consider the
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1 rental value received and other limitations or restrictions
2 on the rental income for the property
as authorized by the
3 governmental program.
4
5 Section 2. This act is effective January 1, 2002.
6
7 (END)
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