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Wyoming's Amendment A puts property tax relief in the hands of voters on Election Day.
A stipulation in the amendment notes that the residential tax rate shall not be greater than four percentage points lower than the industrial tax rate of 11.5%.
2024 Wyoming Constitutional Amendment A would "separate residential real property into its own class of property for purposes of property tax assessments. The amendment would authorize the legislature to create a subclass of owner occupied primary residences."
On Aug. 16, the Treasury Department issued proposed regulations, under Section 199A of the Internal Revenue Code, which generally allows a 20 percent deduction on income from pass-through entities.
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A constitutional amendment transferring the powers of the Wyoming state board of charities to the legislature [4]: 23–24 Passed [14] 86,195 (59.88%) 57,763 (40.12%) Amendment 4 A constitutional amendment restricting the use of public employee retirement funds to purposes directly benefiting public employees [4]: 23–24 Passed [14]
Section 199A dividends get their name from Section 199A of the tax code. This section was created by the 2017 Tax Cuts and Jobs Act to provide a tax deduction for pass-through business income .
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