
Montana Legislators Say Property Tax Relief is on the Way
Missoula, MT (KGVO-AM News) - Once a week, Republican leaders at the Montana legislature provide an update to let the public know what bills they’re working on, and this week the report was on property tax relief.
Senate President Matt Regier spoke to Senator Carl Glimm from the Flathead Valley about Senate Bill 90 dealing with property tax relief.
Montana Republicans Publish a Weekly Report Online
“Senate Bill 90 is going to be great permanent property tax relief for the citizens of Montana,” began Glimm. “We're going to use some of the tourist tax, the bed tax money, rental car tax money, and we're going to put that back towards property taxes. We're going to let people have a little credit there, and let the tourists start paying for some of the infrastructure that they use when they come to visit our great state.”
Glimm provided more information about Senate Bill 90.
“Some Montanans, but mostly tourists that come stay at a hotel or campground or Air-Bnb are all paying that 8 percent tax and a lot of that's going to the general fund,” he said. “We have a huge general fund surplus. We don't need that going to the general fund. So I love that premise saying let's give it back. Where the tourists are causing their footprint, which homeowners are paying for right now.”
Glimm Said Montana Property Owners Will Get a $437 Property Tax Credit
Glimm provided specifics about the financial benefit to property taxpayers with Senate Bill 90.
“The projection for the first year for the credit will be $437 for each primary resident,” he said. “We're trying to tailor it specifically for Montana residents, so it's (only for a) primary residence, meaning the main house you're living in is where that credit will show up.”
He said the tax credit will continue each year for Montana property owners.
The Benefit Would Only Be for a Primary Residence
“So it's going to be every year that we're going to keep rebating it back to you, keep giving you a credit,” he said. “It'll show up specifically on your property tax record. When that comes in the mail, you'll be able to see that credit on there every year. I think the fourth year they were projecting that it would be $475, so it's projected to keep climbing.”
Find out more about proposed Senate Bill 90 here.
The Montana Legislature will remain in session for 90 days.
LOOK: States with the most people earning $1 million or more
Gallery Credit: Elisa Fernández-Arias
More From Newstalk KGVO 1290 AM & 98.3 FM








