Montana SJ38 proposes a study of the state's property tax system to simplify tax classes and valuation methods.

Montana SJ38 calls for a comprehensive study of Montana's property tax system, focusing on simplifying the current 18 classes into fewer categories. The study will cover an overview of tax classes, rates, and valuation methods, review property tax exemptions, examine settlements between taxpayers and the Department of Revenue, and explore options for consolidating tax classes and equalizing appraisals. The study must be completed by September 15, 2026, with final results reported to the 70th Legislature.

Montana SJ38 proposes a study of the state's property tax system to simplify tax classes and valuation methods.

Montana SJ38 calls for a comprehensive study of Montana's property tax system, focusing on simplifying the current 18 classes into fewer categories. The study will cover an overview of tax classes, rates, and valuation methods, review property tax exemptions, examine settlements between taxpayers and the Department of Revenue, and explore options for consolidating tax classes and equalizing appraisals. The study must be completed by September 15, 2026, with final results reported to the 70th Legislature.