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Bill

LC 189

Freeze property values for 2 years

2025 Regular Session

Montana bill proposes freezing property tax assessment values statewide for two years to limit increases, reducing homeowner tax bills but potentially cutting local government revenue.

(LC) Draft in Final Drafter Review
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Bill Summary · LC 189

Legislative bill overview

LC 189 proposes freezing property assessment values in Montana for a two-year period, preventing increases in assessed valuations during that timeframe. The bill is currently in legal drafting stages and has not yet been formally introduced to the legislature.

Why is this important

Property value freezes directly affect property tax bills, as assessments determine tax liability for homeowners and businesses. This measure could provide temporary relief to property owners facing rising assessments, though it may create budget shortfalls for counties, schools, and municipalities that depend on property tax revenue.

Potential points of contention

  • Revenue impact: A statewide freeze removes anticipated tax revenue growth for local governments, potentially forcing service cuts or alternative funding sources during the two-year period
  • Equity concerns: The freeze benefits current property owners but may shift tax burdens to renters, businesses, or non-property owners depending on how local jurisdictions adjust rates
  • Post-freeze adjustment: Properties will likely face significant assessment increases after the freeze ends, creating a sharp jump in taxes and potential affordability challenges at that time

Compiled from official sources — confirm details with the bill’s official record.

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