Montana property tax changes

SOURCE www.npr.org
Montana is considering cutting property taxes for most properties while raising them for out-of-state homeowners as property values rise.

Key Points

  • Property values rising in Montana
  • Effort to balance tax burden between in-state and out-of-state property owners

Pros

  • Benefit for in-state property owners
  • Addresses rising property values

Cons

  • Potential increase in taxes for out-of-state homeowners