Governor’s Property Tax Task Force’s proposals finalized for delivery to Gianforte
Gov. Greg Gianforte delivers his State of the State address to a joint session of the Montana Senate and House of Representatives on Wednesday, Jan. 25, 2023, in the Montana State Capitol, in Helena, Mont. (Thom Bridge/Independent Record via AP)
The centerpiece of Gov. Greg Gianforte’s Property Tax Task Force’s 12-piece proposal could cut taxes by 15% to 20% for about 345,000 homeowners and long-term renters, as well as 32,000 small business owners, according to tax force estimates.
The package of proposals is tentatively set to be finalized and submitted to the governor next week in a report, and the primary proposal is a homestead-comstead exemption that members believe is the most effective proposal they could achieve by the deadline in order to shift the property tax burden away from primarily the middle class and small business owners.
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