CAP MONTANA PROPERTY TAXES
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Cap Montana Property Taxes.


 The Property Tax Cap Initiative (CI-121) ends runaway property tax hikes
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Montana home values have skyrocketed 40% since COVID

Out-of-state investors are bidding up Montana properties to record levels.

Property taxes are skyrocketing, too

Currently, all Montana residential property is reappraised every 2 years and adjusted to market value for tax purposes (assessment value). The next reassessment means unprecedented property tax increases for Montanans.

Without CI-121, Montanans will pay an extra $175M in property taxes annually

This crushing tax burden will fall on homeowners as well as renters in the form of higher rents.​
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Don't get taxed out of your home

Sign the petition to place CI-121 on the ballot

CI-121 would:
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(1) Roll back residential tax valuations to pre-COVID levels, and move Montana to an 'acquisition value' system moving forward.

(2) Limit annual increases in tax valuations to 2% or the inflation rate (whichever is lower).
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(3) Cap residential tax rates at 1%.
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Top 10 reasons to support CI-121

#1 - Rolls back tax valuations to 2019 – before COVID and a torrent of out-of-state money distorted property values.

#2 - Caps property taxes rates on residences at 1% and limits annual increases in assessed valuations to 2% or the inflation rate, whichever is lower.

#3 - Saves Montanans $175 million annually on excess property taxes - with much of those benefits going towards homeowners on fixed incomes.

#4 - Provides long-term predictability for homebuyers calculating their future property tax payments.

#5 - Does not cut funding to schools, police, and fire departments – rather, it merely reduces the rate of growth of tax revenues.

#6 - Benefits renters by eliminating huge property tax increases that landlords pass on to them.

#7 - Rewards homeowners who stay in their homes long-term and build real neighborhoods.

#8 - Reduces tax breaks for speculators, out-of-state investors, and house “flippers.”

#9 - Saves taxpayer dollars by eliminating most of the need for appraisals by the State.

#10 - Provides the Montana Legislature with the authority to provide similar tax relief to all property classes, not just residences.


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Cap Montana Property Taxes: We are an organization of volunteers who will continue the fight against ever increasing property taxes.
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Look Up Your Property Taxes
info@cappropertytaxes.com

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​© 2022 Cap Montana Property Taxes Committee. All Right Reserved. ​
Paid for by Cap Montana Property Taxes, Matthew Monforton, Treasurer, 40 Spanish Peak Dr. #58, Bozeman, MT 59718
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