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Alternate property-tax plan wins Committee of the Whole; sponsors say it would rebalance burden across classes
Summary
House Bill 155, an alternate property-tax plan proposing a homestead exemption and tiered rates for class 4 residential and commercial properties, passed second reading in committee 79–21; sponsors framed it as restoring 2022 distribution of tax burden and urged it as a long-term fix while opponents urged more modeling.
Representative Thane introduced House Bill 155 as an alternative approach to property-tax relief. The bill would create a homestead exemption for a portion of class 4 residential value and implement tiered rates for class 4 residential and commercial property. Sponsor opening remarks emphasized Montana’s affordability crisis and said class 4 residential properties currently bear over half of the state’s property-tax burden after a recent reappraisal.
Representative Thane told the…
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