# Montana SB 337: Provide a 5 year prepaid property tax exemption during subdivision development Montana SB 337, Provide a 5 year prepaid property tax exemption during subdivision development, is a 69th Legislature, Regular Session (2025) Senate bill sponsored by Greg Hertz (Republican); status signed, last action 2025-05-16 (Chapter Number Assigned); PRIA reads it as touching household money (as of 2026-10-12). - Canonical: https://policyrisk.com/state-bill/MT-SB337-2025 - As of: 2026-10-12 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Bill: Montana SB 337 - State: Montana - Session: 69th Legislature, Regular Session (2025) - Title: Provide a 5 year prepaid property tax exemption during subdivision development - Status: signed - Chamber: Senate - Introduced: 2025-02-17 - Last action: 2025-05-16, Chapter Number Assigned - Sponsor: Greg Hertz (Republican) - Cosponsors: 1 - Subjects: Taxation, Housing, Planning, Revenue, Local, Revenue, State, Taxation--Property, Rule Making - Touches household money: yes - Roll calls: 5 (227 yes, 122 no in all) - Economic provisions PRIA read: 2 ## Summary No summary available. ## Bill overview: provisions PRIA read - Five-year property tax break for subdivisions: benefit, medium. Beginning with tax years starting January 1, 2026, property in a residential subdivision under development can be exempt from property tax for up to five years. The exemption starts on January 1 after the Department of Revenue approves your application and the required prepayment is made. It covers… - Prepay five years of taxes to qualify: cost, high. Beginning with tax years starting January 1, 2026, a developer or other payer must make a large upfront payment to get the subdivision tax exemption. Within 30 days after Department of Revenue approval, and before January 1 of the exemption year, you must prepay five times last year’s property taxe… ## Sponsors and cosponsors - Sponsor: Greg Hertz (Republican), Senate - Cosponsor: Sherry Essmann (Republican), House ## Roll call votes | Date | Chamber | Motion | Result | Yes | No | Other | | --- | --- | --- | --- | --- | --- | --- | | 2025-04-24 | House | Do Concur | pass | 60 | 40 | | | 2025-04-14 | House | Do Concur | pass | 56 | 44 | | | 2025-03-27 | Senate | Do Pass | pass | 34 | 16 | | | 2025-03-20 | Senate | AMD-SB0337.001.001 Hertz D/PASS | pass | 46 | 3 | | | 2025-03-20 | Senate | Do Pass As Amended | pass | 31 | 19 | | ## Actions (47) - 2025-05-16: Chapter Number Assigned (Senate) - 2025-05-13: Signed by Governor (Senate) - 2025-05-05: Transmitted to Governor (Senate) - 2025-05-05: Signed by Speaker (House) - 2025-05-02: Signed by President (Senate) - 2025-04-29: Returned from Enrolling (Senate) - 2025-04-28: Sent to Enrolling (Senate) - 2025-04-24: Returned to Senate (House) - 2025-04-24: 3rd Reading (House) - 2025-04-23: Committee Report (House) - 2025-04-23: Committee Executive Action (House) - 2025-04-22: Revised Fiscal Note Printed (Senate) - 2025-04-22: Fiscal Note Unsigned (Senate) - 2025-04-22: Revised Fiscal Note Received (Senate) - 2025-04-17: Taken from Table in Committee (House) - 2025-04-16: Revised Fiscal Note Printed (Senate) - 2025-04-16: Fiscal Note Unsigned (Senate) - 2025-04-16: Revised Fiscal Note Received (Senate) - 2025-04-15: Hearing (House) - 2025-04-15: Hearing Canceled (House) - 2025-04-14: Hearing (House) - 2025-04-14: Rereferred to Committee (House) - 2025-04-14: 2nd Reading (House) - 2025-04-09: Committee Report (House) - 2025-04-09: Committee Executive Action (House) - 2025-04-03: Hearing (House) - 2025-03-28: 1st Reading (House) - 2025-03-28: Referred to Committee (House) - 2025-03-28: Transmitted to House (Senate) - 2025-03-27: 3rd Reading (Senate) - 2025-03-25: Committee Report (Senate) - 2025-03-25: Committee Executive Action (Senate) - 2025-03-21: Hearing (Senate) - 2025-03-20: Rereferred to Committee (Senate) - 2025-03-20: 2nd Reading (Senate) - 2025-03-20: 2nd Reading Motion to Amend (Senate) - 2025-03-18: 2nd Reading Pass Consideration (Senate) - 2025-03-01: Committee Report (Senate) - 2025-02-28: Committee Executive Action (Senate) - 2025-02-26: Fiscal Note Printed (Senate) - 2025-02-25: Fiscal Note Unsigned (Senate) - 2025-02-25: Fiscal Note Received (Senate) - 2025-02-18: Hearing (Senate) - 2025-02-17: 1st Reading (Senate) - 2025-02-17: Fiscal Note Requested (Senate) - 2025-02-17: Referred to Committee (Senate) - 2025-02-17: Introduced (Senate) ## Bill text - Enrolled, 2025-04-28: [PDF](https://docs.legmt.gov/download-ticket?ticketId=9be43bf6-667e-432c-89e0-b11ed68c489b) - As Amended (Version 2), 2025-03-20: [PDF](https://docs.legmt.gov/download-ticket?ticketId=9a460672-3f05-40af-b89e-d7148d8991ec) - Introduced, 2025-02-17: [PDF](https://docs.legmt.gov/download-ticket?ticketId=bf5d28d1-a7e7-48fa-8d17-58f46258565f) ## 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 - [Enrolled (PDF)](https://docs.legmt.gov/download-ticket?ticketId=9be43bf6-667e-432c-89e0-b11ed68c489b) - [As Amended (Version 2) (PDF)](https://docs.legmt.gov/download-ticket?ticketId=9a460672-3f05-40af-b89e-d7148d8991ec) - [Introduced (PDF)](https://docs.legmt.gov/download-ticket?ticketId=bf5d28d1-a7e7-48fa-8d17-58f46258565f) ## 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-SB337-2025 (as of 2026-10-12).