Serving Southern Jefferson County in the Great State of Montana

Op-Ed: New Bill Will Lower Property Taxes, Stop Local Budget Inflation

Property taxes in Montana are an incredibly complex issue, but that isn’t stopping Senate Republicans from working hard to reform them this legislative session. On January 22, the Senate Tax Committee heard SB 117, a bill I’m sponsoring that reforms how local governments in Montana calculate their budgets. The legislation provides a long-term solution to level out budget growth and ease the property tax burden on Montana residents and businesses.

The formula that local governments use to determine their budgets is based on taxable properties and the national inflation rate. Currently, budgets...

 
 

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