This bill (LC 1863) provides a temporary property tax exemption during construction for new senior care and housing development projects. It applies specifically to nonprofit organizations (501(c)(3) status) developing facilities for seniors 62+ or 55+ per federal housing rules. Local governments must approve each project via public hearing to confirm community need before the exemption begins. The tax break ends once construction is complete or if the facility is sold to a for-profit entity.
This bill (LC 2591) allows Montana local governments to offer property tax abatements for specific types of affordable rental housing. It creates a 10-year phased tax reduction: qualifying housing gets full tax exemption in year one, with taxable value increasing by 11% annually until reaching 100% in year ten. The abatement applies to affordable multifamily housing (5+ units), smaller rentals (4 units or fewer), accessory dwelling units, and affordable trailer courts, all requiring rent to be ≤30% of tenant income (or ≤80% of market rent) for households earning 60-100% of area median income. The tax break covers only building improvements, not land value, and local governments must adopt the program via resolution.
Montana's LC 1732 bill reduces income tax rates specifically for income earned from manufacturing activities within the state. It establishes a new tax bracket where income from Montana manufacturing is taxed at 2.7% on the first portion (matching standard income thresholds: $41,000 for joint filers, $30,750 for heads of household, etc.) and 3.9% on amounts above those thresholds. This applies directly to Montana-based manufacturers, including businesses and individuals earning manufacturing income within Montana. The bill modifies Montana's tax code to create this preferential rate, lowering the tax burden compared to the standard 4.7% rate on regular income.
HB 424 revises property tax classifications for data center property. It modifies the types of property included in Class seventeen for qualified data centers, and extends the timeframe within which this data center property must be built. The bill also revises ownership requirements for Class seventeen data center property. Additionally, it updates the classification of certain dedicated communications infrastructure in Class thirteen, extending its relevant timeframe.
HB 461 proposes a property tax exemption for certain owner-occupied residential properties. It directly affects homeowners aged 65 or older who have continuously used the property as their primary residence for at least five years. The exemption amount is calculated based on the increase in market value compared to a "base year" when the exemption was first approved. Homeowners must apply annually by March 1, and the exemption can terminate if the property is sold, undergoes new construction or significant remodeling, or is reclassified.
HB 440 aimed to provide tax incentives for the sale of food produced in Montana. The bill proposed allowing both individuals and corporations to subtract income earned from selling Montana-produced food when calculating their state income taxes. This mechanism was intended to reduce the tax burden on those involved in the sale of local food products. The bill sought to amend current statutes governing individual and corporate income tax adjustments.
HB 451 revises how tax increment financing (TIF) is calculated for newly established targeted economic development districts and urban renewal areas. For districts created after the bill's effective date, it excludes several specific mill levies from the tax increment calculation. These exclusions include certain university system mills, a portion of elementary, high school, and state equalization mills, new voter-approved levies, and mills for general obligation bond debt service. This means that a larger share of the new property tax revenue generated in these areas would directly go to the affected taxing jurisdictions, rather than into the TIF fund.
HB 652 aimed to revise state income taxation by providing a full income tax exemption for military pensions, retirement, and survivor benefits. This bill would have directly affected veterans, military retirees, and their survivors by eliminating state income taxes on these specific forms of income. The proposed changes included amending sections of the Montana Code Annotated related to income definitions and tax provisions.
This bill (LC 2511) proposed exempting certain athletic facilities from the beneficial use tax. It would have directly affected owners or operators of qualifying sports venues, such as stadiums or training centers, by removing a tax obligation on their property. The bill died in the legislative process on May 26, 2025, and was never enacted into law.
LC 1397, titled "Creating a homestead exemption," was a proposed bill that never advanced beyond the drafting stage. It was assigned to a drafter in November 2024 but placed on hold, and ultimately died in process in May 2025. The bill's intended purpose was to establish a homestead exemption (a property tax relief for primary residences), but no specific provisions or affected groups were defined as it was never introduced or voted on. Since the bill died in the drafting phase, no concrete policy changes were enacted.
