In 2022, a proposed ballot measure that would have capped Montana property taxes fell short of the more than 60,000 signatures it needed to go before voters.
CI-121 would have based residential property’s assessed value on what it was in 2019, then limited any increases in value to no more than 2% per year. Property could only be reassessed to its new market value after it was sold or substantially improved.
Coalitions of powerful Montana organizations representing public employees, local governments and business interests are joining Montana Attorney General Austin Knudsen in arguing that a proposal to limit property taxes violates
Coalitions of powerful Montana organizations representing public employees, local governments and business interests are joining Montana Attorney General Austin Knudsen in arguing that a proposal to limit property taxes violates the constitution and would have sweeping negative financial effects.