# Montana HB 231: Revise property tax rates for certain property Montana HB 231, Revise property tax rates for certain property, is a 69th Legislature, Regular Session (2025) House bill sponsored by Llew Jones (Republican); status signed, last action 2025-05-19 (Chapter Number Assigned); PRIA reads it as touching household money (as of 2026-10-12). - Canonical: https://policyrisk.com/state-bill/MT-HB231-2025 - As of: 2026-10-12 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Bill: Montana HB 231 - State: Montana - Session: 69th Legislature, Regular Session (2025) - Title: Revise property tax rates for certain property - Status: signed - Chamber: House - Introduced: 2025-01-16 - Last action: 2025-05-19, Chapter Number Assigned - Sponsor: Llew Jones (Republican) - Cosponsors: 1 - Subjects: Taxation, Revenue, Local, Taxation--Property, Revenue, State, Rule Making - Touches household money: yes - Roll calls: 23 (892 yes, 749 no in all) - Economic provisions PRIA read: 11 ## Summary No summary available. ## Bill overview: provisions PRIA read - Lower tax rate for long‑term rentals: benefit, medium. Starting in tax year 2026, qualifying long‑term rental homes can get a reduced property tax rate. A qualifying rental is leased for 28+ day terms for at least 7 months in the tax year, or vacant up to 5 months for documented repairs. Apply Dec 1–Mar 1; the department will require reapplications for… - Your property tax rebate is not taxed: benefit, low. The law keeps the state from taxing your property tax rebate. If you receive the 2024 principal‑residence rebate, you subtract that rebate amount when you figure Montana taxable income. This lowers your state tax bill a bit. It only applies to the rebate you actually received. - State resets tax medians, funds rollout: benefit, low. The Department of Revenue now calculates median residential and commercial/industrial property values every two years. These medians set the cutoffs used by Montana’s tiered property tax rates. The law also gives the Department $500,000 for the year ending June 30, 2025, and $3,500,000 for the year… - Some acres taxed at market value: cost, medium. Starting Jan 1, 2025, one acre under a home on ag‑valued or forest‑valued land is taxed at market value. Land under commercial improvements and nearby land needed to support them is also taxed at market value. This can raise taxes for properties that previously had special ag or forest valuation on… - 2025 homeowner tax rate brackets: mixed, medium. For tax year 2025, homes are taxed at 0.76% on the first $400,000 of value, 1.1% from $400,000 to $1.5 million, and 2.2% above $1.5 million. Another section sets a 0.76% base rate and charges a higher rate on the part of a single‑family home’s value above $1.5 million. These 2025 rules can lower ta… - Lower tax rate for primary homes: mixed, medium. Starting in tax year 2026, owners can apply for a lower homestead rate on their principal home. If you got the 2024 rebate, you qualify automatically unless you stop living there or sell. The rate you pay is set by how your home’s value compares with the statewide median. Filing is Dec 1–Mar 1, and… - 2025 business property rates and caps: mixed, medium. For tax year 2025, commercial and industrial property pays 1.4% on the first $400,000 of value and 1.89% above that. Qualifying golf courses pay half of those rates. Large qualifying multifamily properties have a 1.89% maximum rate cap. - 2026+ base property tax rates: mixed, medium. Homes that do not get a reduced rate are taxed at 1.9% of value. Commercial and industrial property pays 1.5% if its value is under 6 times the statewide median, and 1.9% at or above that level. Some specified commercial properties pay half of the usual commercial rate. Certain statutes also set co… - One-time $400 rebate for 2024 homes: mixed, low. The law gives homeowners up to $400 back for 2024 property taxes on a principal residence. You file online Aug 15–Oct 1, 2025 or mail a form postmarked by Oct 1, 2025. The department may offset the rebate to pay your state debts. False claims face recovery, a 300% penalty, 12% yearly interest, and… - Stronger notices and appeal rules: mixed, low. The department must include property tax help programs in appraisal notices, and tax bills must list them starting Jan 1, 2026. Before attaching a tax lien, the treasurer must mail you a notice at least 2 weeks in advance with help options. County appeal boards can decide if you qualify for reduced… - When these changes apply and interact: mixed, low. Most parts of this act apply to property tax years that start after Dec 31, 2024. Some sections start for tax years after Dec 31, 2025. Certain reimbursements end when the department certifies they are complete, and that part is excluded from normal growth caps for local payments. If other named bi… ## Sponsors and cosponsors - Sponsor: Llew Jones (Republican), House - Cosponsor: Steve Fitzpatrick (Republican), House ## Roll call votes | Date | Chamber | Motion | Result | Yes | No | Other | | --- | --- | --- | --- | --- | --- | --- | | 2025-04-30 | House | Do Adopt | pass | 69 | 31 | | | 2025-04-30 | House | Do Adopt | pass | 60 | 39 | | | 2025-04-30 | Senate | Do Adopt | pass | 28 | 22 | | | 2025-04-29 | Senate | Do Adopt | pass | 28 | 22 | | | 2025-04-28 | House | Do Not Concur | pass | 71 | 29 | | | 2025-04-25 | Senate | Do Concur | pass | 25 | 24 | | | 2025-04-24 | Senate | Do Concur | fail | 25 | 25 | | | 2025-04-24 | Senate | ReconsAction -Flowers | pass | 28 | 22 | | | 2025-04-22 | Senate | Do Concur As Amended | pass | 26 | 24 | | | 2025-04-22 | Senate | AMD-HB0231.004.006 Kerr-Carpenter D/PASS | pass | 44 | 6 | | | 2025-04-22 | Senate | AMD-HB0231.004.004 Fern D/PASS | pass | 27 | 22 | | | 2025-04-22 | Senate | AMD-HB0231.004.007 Dunwell D/PASS | fail | 24 | 26 | | | 2025-04-22 | Senate | AMD- HB0231.004.008Dunwell D/PASS | fail | 24 | 26 | | | 2025-04-18 | Senate | ReconsAction -Fern | pass | 26 | 24 | | | 2025-04-17 | Senate | Indefinitely Postpone -McGillvray | pass | 26 | 21 | | | 2025-04-17 | Senate | Do Concur | fail | 25 | 25 | | | 2025-02-27 | House | Do Pass | pass | 68 | 30 | | | 2025-02-26 | House | Do Pass | pass | 72 | 27 | | | 2025-02-26 | House | AMD-HB0231.003.003 Falk DO PASS | fail | 40 | 60 | | | 2025-02-26 | House | AMD-HB0231.003.002 Falk DO PASS | fail | 30 | 70 | | | 2025-02-26 | House | AMD-HB0231.003.001 Falk DO PASS | fail | 35 | 65 | | | 2025-02-06 | House | Do Pass | pass | 75 | 25 | | | 2025-02-06 | House | AMD-HB0231.002.003 Gillette DO PASS | fail | 16 | 84 | | ## Actions (66) - 2025-05-19: Chapter Number Assigned (House) - 2025-05-13: Signed by Governor (House) - 2025-05-07: Transmitted to Governor (House) - 2025-05-07: Signed by President (Senate) - 2025-05-06: Signed by Speaker (House) - 2025-05-02: Returned from Enrolling (House) - 2025-04-30: Sent to Enrolling (House) - 2025-04-30: 3rd Reading Conference Committee Report (Senate) - 2025-04-30: 3rd Reading Conference Committee Report (House) - 2025-04-30: 2nd Reading Conference Committee Report (House) - 2025-04-29: 2nd Reading Conference Committee Report (Senate) - 2025-04-29: Conference Committee Appointed (Senate) - 2025-04-28: Hearing (House) - 2025-04-28: Conference Committee Appointed (House) - 2025-04-28: 2nd Reading Senate Amendments (House) - 2025-04-25: Returned to House with Amendments (Senate) - 2025-04-25: 3rd Reading (Senate) - 2025-04-24: Reconsidered Previous Action (Senate) - 2025-04-24: 3rd Reading (Senate) - 2025-04-22: 2nd Reading (Senate) - 2025-04-22: 2nd Reading Motion to Amend (Senate) - 2025-04-22: 2nd Reading Motion to Amend (Senate) - 2025-04-22: 2nd Reading Motion to Amend (Senate) - 2025-04-22: 2nd Reading Motion to Amend (Senate) - 2025-04-18: Reconsidered Previous Action (Senate) - 2025-04-17: 2nd Reading Indefinitely Postponed (Senate) - 2025-04-17: 2nd Reading (Senate) - 2025-04-17: Revised Fiscal Note Requested (House) - 2025-04-16: Committee Report (Senate) - 2025-04-16: Committee Executive Action (Senate) - 2025-04-09: Taken from Table in Committee (Senate) - 2025-04-02: Tabled in Committee (Senate) - 2025-03-12: Hearing (Senate) - 2025-03-03: Referred to Committee (Senate) - 2025-03-03: Revised Fiscal Note Printed (House) - 2025-03-01: Revised Fiscal Note Signed (House) - 2025-02-28: 1st Reading (Senate) - 2025-02-28: Revised Fiscal Note Received (House) - 2025-02-27: Transmitted to Senate (House) - 2025-02-27: 3rd Reading (House) - 2025-02-26: 2nd Reading (House) - 2025-02-26: 2nd Reading Motion to Amend (House) - 2025-02-26: 2nd Reading Motion to Amend (House) - 2025-02-26: 2nd Reading Motion to Amend (House) - 2025-02-22: Revised Fiscal Note Requested (House) - 2025-02-21: Committee Report (House) - 2025-02-20: Committee Executive Action (House) - 2025-02-10: Hearing (House) - 2025-02-06: Rereferred to Committee (House) - 2025-02-06: 2nd Reading (House) - 2025-02-06: 2nd Reading Motion to Amend (House) - 2025-02-06: Revised Fiscal Note Printed (House) - 2025-02-05: Revised Fiscal Note Signed (House) - 2025-02-05: Revised Fiscal Note Received (House) - 2025-02-03: Revised Fiscal Note Requested (House) - 2025-01-31: Committee Report (House) - 2025-01-31: Committee Executive Action (House) - 2025-01-31: Committee Executive Action (House) - 2025-01-29: Fiscal Note Printed (House) - 2025-01-28: Fiscal Note Signed (House) - 2025-01-28: Fiscal Note Received (House) - 2025-01-20: Hearing (House) - 2025-01-16: 1st Reading (House) - 2025-01-16: Referred to Committee (House) - 2025-01-16: Fiscal Note Requested (House) - 2025-01-16: Introduced (House) ## Bill text - As Amended (Version 6), 2025-05-01: [PDF](https://docs.legmt.gov/download-ticket?ticketId=d121ee6d-d88b-47c7-afcf-83e984974ddb) - Enrolled, 2025-05-01: [PDF](https://docs.legmt.gov/download-ticket?ticketId=f48263f5-cf0a-4838-bc1b-cf0f396c17fb) - As Amended (Version 5), 2025-04-25: [PDF](https://docs.legmt.gov/download-ticket?ticketId=d96e89ce-c83b-4501-8074-ed85d0b0d68b) - As Amended (Version 4), 2025-04-16: [PDF](https://docs.legmt.gov/download-ticket?ticketId=7f62c501-6d5d-4e9e-ba34-900c309e3f7a) - As Amended (Version 3), 2025-02-21: [PDF](https://docs.legmt.gov/download-ticket?ticketId=afda5ef1-ba9f-45d4-9837-4194e008243e) - As Amended (Version 2), 2025-01-31: [PDF](https://docs.legmt.gov/download-ticket?ticketId=c2b058c0-ed22-42fd-b99b-7d908c15cb15) - Introduced, 2025-01-16: [PDF](https://docs.legmt.gov/download-ticket?ticketId=da4a55f2-4adb-40c0-a6f1-cfb011673e0b) ## Related bills - SB 437: Revise definition of sex in Montana law (signed) - HB 831: Increase elderly homeowner and renter income tax credit (vetoed) - HB 628: Revise early literacy targeted intervention laws (vetoed) - SB 410: Provide for Montana genomic security act (vetoed) - SB 422: Generally revise laws relating to insurance coverage relating to cancer (vetoed) - SB 424: Revising the disabled veteran property tax assistance program (vetoed) ## Sources - [As Amended (Version 6) (PDF)](https://docs.legmt.gov/download-ticket?ticketId=d121ee6d-d88b-47c7-afcf-83e984974ddb) - [Enrolled (PDF)](https://docs.legmt.gov/download-ticket?ticketId=f48263f5-cf0a-4838-bc1b-cf0f396c17fb) - [As Amended (Version 5) (PDF)](https://docs.legmt.gov/download-ticket?ticketId=d96e89ce-c83b-4501-8074-ed85d0b0d68b) - [As Amended (Version 4) (PDF)](https://docs.legmt.gov/download-ticket?ticketId=7f62c501-6d5d-4e9e-ba34-900c309e3f7a) - [As Amended (Version 3) (PDF)](https://docs.legmt.gov/download-ticket?ticketId=afda5ef1-ba9f-45d4-9837-4194e008243e) - [As Amended (Version 2) (PDF)](https://docs.legmt.gov/download-ticket?ticketId=c2b058c0-ed22-42fd-b99b-7d908c15cb15) - [Introduced (PDF)](https://docs.legmt.gov/download-ticket?ticketId=da4a55f2-4adb-40c0-a6f1-cfb011673e0b) ## Related - [SB 437: Revise definition of sex in Montana law](https://policyrisk.com/state-bill/MT-SB437-2025) - [HB 831: Increase elderly homeowner and renter income tax credit](https://policyrisk.com/state-bill/MT-HB831-2025) - [HB 628: Revise early literacy targeted intervention laws](https://policyrisk.com/state-bill/MT-HB628-2025) - [SB 410: Provide for Montana genomic security act](https://policyrisk.com/state-bill/MT-SB410-2025) - [SB 422: Generally revise laws relating to insurance coverage relating to cancer](https://policyrisk.com/state-bill/MT-SB422-2025) - [SB 424: Revising the disabled veteran property tax assistance program](https://policyrisk.com/state-bill/MT-SB424-2025) - [Montana bills](https://policyrisk.com/states/montana/bills) - [Montana state hub](https://policyrisk.com/states/montana) - [All state legislation](https://policyrisk.com/state-bills) Source: PRIA, https://policyrisk.com/state-bill/MT-HB231-2025 (as of 2026-10-12).