Property Tax Relief May Need Work
Cheyenne, Wy – The Governor's plan for reducing the property tax of the state's elderly population got a chilly reception.
The proposal is to reduce property taxes for people 65 and older who have lived in the same home for more than ten years. And the reduction would only apply to half of a homes value up to 200 thousand dollars.
The legislature's revenue committee did not seem excited about the idea. Senator Jayne Mockler says she's doesn't want to target only seniors, especially since she says that is the wealthiest generation in the country's history.
Supporters of the bill say targeting seniors is important because they are on fixed incomes and cannot generate income to deal with rising costs.
For Wyoming Public Radio I'm Renny MacKay in Cheyenne.