SF0134 - Property tax relief-eligibility.

 

2001

State of Wyoming

01LSO-0371

 

 

 

SENATE FILE NO.  SF0134

 

 

Property tax relief-eligibility.

 

Sponsored by:  Senator(s) Peck

 

 

A BILL

 

for

 

 1  AN ACT relating to taxation and revenue; providing for the
 2  tax refund and property tax relief programs as specified;
 3  amending qualification guidelines for both programs as
 4  specified; repealing conflicting provisions; and providing
 5  for an effective date.

 6 

 7  Be It Enacted by the Legislature of the State of Wyoming:

 8 

 9         Section 1.  W.S. 39-11-109(c)(ii) and
10  39-13-109(c)(iii)(B)(intro) are amended to read:

11 

12         39-11-109.  Taxpayer remedies.

13 

14         (c)  Refunds.  The following shall apply:

15 

16              (ii)  Wyoming residents meeting resource
17  eligibility requirements under paragraph (vii) of this

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 1  subsection who are sixty-five (65) years of age and older
 2  or who are eighteen (18) years of age and older and are
 3  totally disabled during the one (1) year period immediately
 4  preceding the date of application for a refund under this
 5  subsection and are not residents of any state funded
 6  institution, are qualified for an exemption and refund of
 7  state taxes as provided in this subsection. A qualified
 8  single person whose actual income is less than ten thousand
 9  dollars ($10,000.00) twelve thousand dollars ($12,000.00)
10  shall receive five hundred dollars ($500.00) reduced by the
11  percentage that his actual income exceeds six thousand
12  dollars ($6,000.00) and qualified married persons, at least
13  one (1) of whom is at least sixty-five (65) years of age or
14  totally disabled, whose actual income is less than fourteen
15  thousand dollars ($14,000.00) twenty thousand dollars
16  ($20,000.00) shall receive six hundred dollars ($600.00)
17  reduced by the percentage that their actual income exceeds
18  eight thousand dollars ($8,000.00) per year. Until
19  remarriage a person sixty (60) years or older once
20  qualified through marriage remains eligible individually
21  for single person benefits, subject to income limitations,
22  after the death of his spouse;

23 

24         39-13-109.  Taxpayer remedies.

 

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 1 

 2         (c)  Refunds.  The following shall apply:

 3 

 4              (iii)  The following shall apply to the property
 5  tax relief program:

 6 

 7                   (B)  Gross income as used in this
 8  subparagraph shall be defined by the department through
 9  rules and regulations and shall include, at minimum, all
10  sources of taxable and nontaxable income of members of the
11  household qualified person and all taxable entities
12  controlled by members of the household qualified person.
13  Such gross income shall be verified by federal income tax
14  returns, if federal income tax returns were required and
15  filed, or whatever other means necessary as determined by
16  the department through rules and regulations. The tax
17  relief for qualifying persons shall be in the form of a
18  refund of any ad valorem tax due and timely paid upon the
19  person's principal residence for the preceding calendar
20  year in the amount specified in this paragraph. The county
21  treasurer shall issue all refunds due under this paragraph
22  on or before August 31 of the year in which application is
23  made for the refund. Any person shall qualify for a refund
24  in the amount specified under this paragraph if the

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 1  person's gross income including the total household income
 2  of which the person is a member, as a percentage of the
 3  federal poverty level as adjusted for family size, and as
 4  adjusted annually by the comparative cost-of-living index
 5  for the respective county as determined by the division of
 6  economic analysis, department of administration and
 7  information, is as follows:

 8 

 9  Percent      Single Person            Married Person

10  of Refund    Annual Gross Income      Annual Gross Income

11  100%              $0-18,499                  $0-21,499

12  85%           18,500-19,499              21,500-22,499

13  70%           19,500-20,499              22,500-23,499

14  55%           20,500-21,499              23,500-24,499

15  40%           21,500-22,499              24,500-25,499

16  25%           22,500-23,499              25,500-26,499

17  0%             over 23,499                over 26,499

18 

19         Section 2.  W.S. 39-13-109(c)(iii)(B)(I) through (VI)
20  is repealed.

21 

22         Section 3.  This act is effective January 1, 2002.

23 

24                         (END)

 

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