Gordon signs property tax bill

CASPER — In a step that could pave the way for broader changes to Wyoming’s property tax system, Gov. Mark Gordon on Friday gave his signature to a proposed constitutional amendment to make a fourth tax class exclusively for residential property.

Right now, residences fall under the same tax class as commercial and industrial property. In other words, they’re all taxed at the same assessment rate of 9.5%.

As climbing residential property taxes put the squeeze on Wyoming homeowners, especially those living on low and fixed incomes, there’s widespread support among lawmakers for lowering the tax...