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property tax

Illinois housing affordability efforts pit tax cuts against new spending

(The Center Square) – As homeownership may be growing out of reach for many young residents, Illinois lawmakers are split between trimming taxes and growing state programs. Republicans are pushing tax relief as Democrat leaders seek to expand spending on housing programs across the state. Illinois state Sen. Erica Harriss, R-

Montana GOP state senator begins effort to get 2% property tax cap on Nov. ballot

A longtime Republican state senator and member of a prominent Montana family unveiled a campaign this week to cap property taxes through a constitutional amendment he's working to get on the ballot this November. After eye-popping residential property tax spikes in 2023, reforming the system has dominated

Unqualified Montana landlords to see higher property taxes after exemption deadline passes

Thousands of additional property owners applied for a tax exemption after the deadline to do so was extended by three weeks, but the final numbers still lagged behind previous estimates, leading some to worry that many landlords will see higher property taxes and, by extension, impose higher rents. After huge

Montana should seize the economic opportunity of data center development | Todd O'Hair

Montana stands at an important crossroads in our economic future. As the global economy becomes increasingly digital, the infrastructure that supports that transformation — data centers — has become essential. From cloud computing and artificial intelligence to telemedicine, online commerce, and modern agriculture, nearly every sector now depends on secure, reliable data

Republican legislator rolls out new property tax cap initiative

A new initiative to cap local property tax increases at 2% was rolled out Monday by Republican legislator Wylie Galt of Martinsdale. The initiative would amend the state Constitution to cap property tax increases by all local governments at 2%, except for increases related to property improvements, like a new

Montana state senator pushes ballot measure to cap property tax increases at 2%

MONTANA — A Montana state senator is working to put a constitutional initiative on the November ballot that would cap local property tax increases at 2% per year. State Senator Wylie Galt says the measure is in response to rising property taxes across Montana. The cap would apply to all kinds

Montana nears deadline for landlords to avoid second-home tax

Montana nears deadline for landlords to avoid second-home tax

After a multi-week extension, Montana’s state revenue department will stop accepting applications from landlords seeking to shield themselves from the state’s impending second-home tax at midnight Friday. As of Thursday, a spokesperson for the state Department of Revenue said the agency had so far received roughly