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New iteration would cap tax value growth at 2% a year on primary residences that don’t change ownership.
A group that has repeatedly sought to advance ballot initiatives that would cap property tax growth on Montana homes said last week that it is taking another run at the idea, proposing a constitutional amendment that could appear on the 2026 ballot if it survives likely legal challenges and qualifies via a signature drive.
Bozeman attorney Matt Monfortion, the director of Cap Montana Property Taxes, said in an interview Wednesday that he doesn’t believe property tax proposals circulating in advance of the 2025 Legislature will do enough to provide Montana homeowners with long-term protection....
