Montana Leaders Gear Up to Tackle Complex Property Tax Issue with Task Force

Governor Greg Gianforte launched a long-term property tax reform task team to address the growing property tax issue in Montana. The task group comprising state agency leaders, politicians, municipal authorities, and stakeholders began work at the State Capitol on Wednesday.

Montana Leaders Gear Up to Tackle Complex Property Tax Issue with Task Force (Photo: Google)

Complex Property Tax Issue with Task Force

The task force’s main goal is to create a comprehensive property tax reform package to help Montana homeowners, Governor Gianforte said. Ryan Osmundson, Gianforte’s budget director, became chair, emphasizing the issue’s gravity.

Residents were alarmed by property tax issue assessments last summer, which showed huge house value increases. Gianforte emphasized long-term solutions above short-term tax refunds.

At the initial meeting, task force participants recognized property tax system issues including tax burden transfers and the need for openness and public involvement. In future months, the group will create subcommittees on education, local government effects, and tax fairness.

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Gianforte has blamed local government spending practices for tax rises, even though most property taxes finance local governments. Osmundson stressed the necessity to examine local government processes to solve structural challenges.

The task team is studying all property tax reform options to produce a report by August. Montanans may follow the task force at propertytaxreform.mt.gov. This crucial effort aims to relieve homeowners and preserve Montana’s property tax system.

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