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Montana bill proposes shifting property taxes to a fixed dollar amount, adjusting with inflation.
Montana lawmakers are considering House Bill 20, which would change property tax levies from a fixed number of mills to a fixed dollar amount.
This means local governments would adjust the number of mills based on property value increases to keep revenue steady.
The bill allows for a three-quarters increase of the average annual inflation rate.
Opponents worry this could make it harder to fund growing areas.
If the Senate approves, the bill will go to Governor Greg Gianforte.
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El proyecto de ley de Montana propone trasladar los impuestos sobre la propiedad a una cantidad fija en dólares, ajustando con la inflación.