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SB 306

Prohibit sale of tax deed to foreign entity

2025 Regular Session Introduced by Ken Bogner

Montana prohibits foreign entities from purchasing tax deeds on property, restricting ownership to U.S. citizens and domestic entities.

Chapter Number Assigned
#internationalrelations #property #taxation--property
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Bill Summary · SB 306

Legislative bill overview

SB 306 prohibits the sale of tax deeds to foreign entities in Montana. The bill restricts ownership of properties acquired through tax deed sales to U.S. citizens, permanent residents, and domestic entities. This measure became law on April 17, 2025.

Why is this important

Tax deed sales represent a significant pathway for acquiring real property in Montana, particularly agricultural and rural land. This law directly affects foreign investment in Montana real estate and reflects ongoing national concerns about foreign land ownership, particularly regarding food security and agricultural resources. The restriction may influence property values, investment patterns, and the state's ability to recover unpaid taxes through competitive bidding.

Potential points of contention

  • Economic impact: Limiting the bidder pool for tax deeds could reduce competitive bidding, potentially lowering the amount recovered by counties from unpaid property taxes and reducing government revenue
  • International relations and commerce: May create reciprocal concerns for U.S. entities investing abroad and could affect trade relationships or foreign investment in other Montana industries
  • Definition and enforcement challenges: Determining "foreign entity" status (shell corporations, foreign-owned LLCs, investment funds) and enforcing restrictions adds administrative complexity and potential legal challenges

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

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