Lege TREND. Taxing Empty Houses.

Where: Wyoming

What legislation? Draft legislation by WY Rep. Yin

How is the tax levied?

• On Property that is vacant 6 months or more per year
• Flate fee
• 5% of revenue stays with county
• 95% goes to the state Property Tax Refund Program 

Policy Supporting argument: This incentivizes more housing in the community by encouraging renting vacant houses

Have other cities tried this? YES

• Vancouver say a 15% decline in the vacancy rate
• Paris raised the tax rate on vacant homes

Jackson Hole News | Empty house? It could cost you