In November 2022, the DOR told the Montana Legislature the amount it would need to lower tax rates for residential properties to keep taxes neutral in light of significant increases in reappraisals, some 46% on average. But the legislature, led by a Republican supermajority, did not do so.
Gov. Greg Gianforte announced Thursday the membership of a task force charged with formulating recommendations for ways the state could reduce the burden property taxes put on Montana residents.
Gov. Greg Gianforte’s Property Tax Task Force launched Thursday to be made up of state agency leaders, legislators, local officials, association representatives, economists, researchers, and other stakeholders.