SB434 is a bill in the Montana Legislature (2025 Regular Session): Provide property tax rebate on principal residence based on taxes paid.

What is the status of SB434?

Failed as of May 23, 2025. Latest action: (H) Died in Committee (May 23, 2025).

Where is the official record for SB434?

On the Montana Legislature website: https://bills.legmt.gov/#/laws/bill/2/LC1715

Montana legislation · 2025 Regular Session

Montana SB434: Provide property tax rebate on principal residence based on taxes paid

Q: What does SB434 do?

In its own words: A bill for an act entitled: "an act providing for a property tax rebate on a principal residence based on a certain amount of property taxes paid; providing a rebate of property taxes up to $400 for tax year 2024 for a principal residence that was occupied by the taxpayer; providing a penalty for false or fraudulent claims; providing that the property tax rebate is not subject to the montana individual income tax; providing definitions; amending section 15-30-2120, mca; and providing an immediate effective date and a termination date.".

Status: Failed, May 23, 2025

What the bill says

A bill for an act entitled: "an act providing for a property tax rebate on a principal residence based on a certain amount of property taxes paid; providing a rebate of property taxes up to $400 for tax year 2024 for a principal residence that was occupied by the taxpayer; providing a penalty for false or fraudulent claims; providing that the property tax rebate is not subject to the montana individual income tax; providing definitions; amending section 15-30-2120, mca; and providing an immediate effective date and a termination date.".

From the engrossed text:

A BILL FOR AN ACT ENTITLED: "AN ACT PROVIDING FOR A PROPERTY TAX REBATE ON A PRINCIPAL RESIDENCE BASED ON A CERTAIN AMOUNT OF PROPERTY TAXES PAID; PROVIDING A REBATE OF PROPERTY TAXES UP TO $400 FOR TAX YEAR 2024 FOR A PRINCIPAL RESIDENCE THAT WAS OCCUPIED BY THE TAXPAYER; PROVIDING A PENALTY FOR FALSE OR FRAUDULENT CLAIMS; PROVIDING THAT THE PROPERTY TAX REBATE IS NOT SUBJECT TO THE MONTANA INDIVIDUAL INCOME TAX; PROVIDING DEFINITIONS; AMENDING SECTION 15-30-2120, MCA; AND PROVIDING AN IMMEDIATE EFFECTIVE DATE AND A TERMINATION DATE." BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MONTANA: NEW SECTION. Section 1. Definitions. As used in [sections 1 through 3], the following definitions apply: (1) "Montana property taxes" means the ad valorem property taxes, special assessments, and other fees imposed on property classified under 15-6-134 that is a single-family dwelling unit, unit of a multipleunit dwelling, trailer, manufactured home, or mobile home and as much of the surrounding land, not exceeding 1 acre, as is reasonably necessary for its use as a dwelling and that were assessed and paid by the taxpayer for tax year 2024. The amount of Montana property taxes assessed and paid is equal to the total amount billed by the local government for the dwelling as shown on the 2024 property tax bill received …

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Montana SB434: Provide property tax rebate on principal residence based on taxes paid

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