HB 231 - Establishes State Homestead Tax Rates - Montana Key Vote
Timeline
- Senate Conference Report Adopted
- April 29, 2025
- House Nonconcurrence Vote Passed
- April 28, 2025
- Senate Concurrence Vote Passed
- April 25, 2025
- House Bill Passed
- Feb. 27, 2025
- Introduced
- Jan. 16, 2025
Related Issues
Stage Details
Title: Establishes State Homestead Tax Rates
Vote Smart's Synopsis:
Vote to adopt a conference report and pass a bill that establishes state homestead tax rates in Montana.
Highlights:
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Establishes the tax rate on residential property is 1.35%, and the homestead rates would be 0.76% for Montanans’ primary homes and long-term rentals worth up to the statewide median residential value of around $340,000 (Sec. 1-20).
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Specifies that the provisions of this bill shall take effect beginning January 1, 2026 (Sec. 24).
Title: Establishes State Homestead Tax Rates
Vote Smart's Synopsis:
Vote to nonconcur with Senate amendments and pass a bill that establishes state homestead tax rates in Montana.
Highlights:
-
Establishes the tax rate on residential property is 1.35%, and the homestead rates would be 0.76% for Montanans’ primary homes and long-term rentals worth up to the statewide median residential value of around $340,000 (Sec. 1-20).
-
Specifies that the provisions of this bill shall take effect beginning January 1, 2026 (Sec. 24).
Title: Establishes State Homestead Tax Rates
Title: Establishes State Homestead Tax Rates
Title: Establishes State Homestead Tax Rates