Galt's Property Tax Cap Initiative: A New Chapter in Montana's Tax Relief
Bozeman News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Republican legislator Wylie Galt from Martinsdale introduces a new initiative to cap local property tax increases at 2% in Montana, aiming to amend the states constitution. This is the third such initiative for the 2026 ballot, following two others already cleared for signature gathering. Galts proposal excludes increases tied to new improvements but has faced criticism for exceptions like voter-approved hikes. The initiative now awaits review by the legislative fiscal division and Attorney General Austin Knudsen, with a potential November ballot if it gathers over 60,000 qualified signatures by June 19th.
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