Montana governor releases budget plan aimed at property tax relief

1 day ago · Gov. Greg Gianforte said Wednesday the biennial budget proposal he will submit to the 2025 Legislature will include the largest tax relief in Montana’s history, while focusing on …

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Montana Governor Plans For $7 Billion In Spending In 2025 Budget

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3 days ago · Missoula, MT (KGVO-AM News) - At a press conference in Helena on Wednesday, Montana Governor Greg Gianforte proposed a $7.1 billion overall state budget for 2025, which …

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Gianforte Looks To Montana's Future With 2025 Biennium Budget …

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3 days ago · Additionally, Gianforte supports property tax relief through a homestead rate cut, which would lower property taxes for primary homeowners by 15% and small businesses by …

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Governor’s Property Tax Task Force’s Proposals Finalized For …

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Aug 9, 2024 · 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 …

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Gianforte Signs Off On Tax Cuts, Debt-free Montana ... - KECI

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Mar 13, 2023 · $280 Million in Property Tax Relief. A priority in his Budget for Montana Families, Gov. Gianforte also delivered Montana homeowners significant, meaningful property tax relief …

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Governor Gianforte Launches Property Tax Task Force - Montana

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According to the nonpartisan Legislative Fiscal Division, between 2001 and 2022, inflation grew at an average annual rate of 2.42%, while between tax years 2001 and 2022, the annual average …

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Governor Gianforte Outlines Plans For 2025 Montana Budget

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3 days ago · Tax relief is a major focus, with $850 million earmarked for income tax relief for Montanans. The budget also proposes changes to property tax, offering a homestead rate …

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Property Tax Task Force Delivers Recommendations To Montana …

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Aug 16, 2024 · “If adopted, this will provide a 15 to 20% permanent property tax relief, potentially, to 215,000 Montana homeowners, 130,000 long-term renters and 32,000 small businesses,” …

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Governor Gianforte Delivers Permanent, Long-Term Property Tax …

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Jul 20, 2023 · Taken together with our property tax rebates, we secured over $470 million in property tax relief for Montanans this session.” Gov. Gianforte ceremonially signing House Bill …

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Montana Budget & Policy Center | Gianforte Emphasizes Tax Relief ...

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Jan 9, 2023 · The Montana Budget and Policy Center on Dec. 5 reported that Gianforte’s plan to cut the top income tax rate from 6.5% to 5.9% will save the wealthiest 1% of Montanans …

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Montana Democrats Announce Proposal For Long-term Property …

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Jul 1, 2024 · An example of their long-term property tax relief plan: A family earning $80,000/year with a $4,500 tax bill will get a $875 credit. A senior with a $50,000 income and $3,500 tax bill …

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FAQs about Montana governor releases budget plan aimed at property tax relief Coupon?

How much property tax relief did Montana get last spring?

To reduce the burden of property taxes for Montanans, last spring, the governor delivered Montanans $120 million in permanent, long-term property tax relief and secured up to $1,350 in property tax rebates for Montana homeowners over 2023 and 2024. ...

Does Montana have property tax relief?

Taken together, the measures provide the average Montana homeowner with relief that more than offsets his or her property tax increase. The governor also boosted property tax relief for Montanans with low or fixed incomes, as well as disabled veterans or their unmarried surviving spouses. ...

Are Montana property taxes too high?

CONRAD, Mont. – Joining Representative Llew Jones, R-Conrad, Governor Greg Gianforte today celebrated a new law that delivers Montana homeowners over $120 million in permanent property tax relief over the next several years. “Property taxes are too high and need to be reined in,” Gov. Gianforte said. ...

What do Montanans want the governor to focus on next year?

A poll of Montanans released Thursday by Middle Fork Strategies found property taxes, the cost of living and housing were among the biggest issues they wanted the governor and legislature to focus on next year and of greatest concern to them. ...

Does Montana have a property tax rebate?

In addition to the permanent property tax relief the new law delivers, the governor secured up to $1,350 in property tax rebates for Montana homeowners over the next two years. For more information on the property tax rebate, Montanans can visit getmyrebate.mt.gov. ### ...

How much tax relief will Gianforte offer?

Combined with a proposal to increase the income tax credit, Gianforte predicts about $850 million in permanent tax relief Gianforte is also calling for property tax cuts for primary residences and small businesses. ...