Property tax exemption-specified real property.

HB 127 creates a new property tax exemption for non-agricultural real property in Wyoming's "all other property" category. It exempts a portion of a property's value above its prior year's taxable value, adjusted by the county's median household income change (capped at 3% annually). Property owners who acquired their property in the prior calendar year are excluded, and tax assessment notices must now show exemption details. The exemption applies starting with the 2024 tax year.