Homestead Exemption Narrowly Passes Senate

After heated debate, a bill that will lower property taxes for primary residences while raising taxes for second homes and short-term rentals awaits final approval from the House before hitting Gov. Greg Gianforte’s desk.

House Bill 231 is one of a series of property tax bills up for debate this week as lawmakers count down the days to the end of the legislative session.

Sen. Shane Morigeau, D-Missoula, said Montana’s housing crisis needs attention, and House Bill 231 could help mitigate the impacts of out-of-state owners who profit off of property in Montana while taking up needed housing.

“W...