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Democrat-backed proposal would have offered income tax credit to ease homeowners’ and renters’ property taxes on an ongoing basis
Eric Dietrich
Montana Free Press
House Republicans voted down a Democrat-backed bill Wednesday that would have used income tax credits to ease the squeeze placed on lower-income homeowners and renters by rising property taxes.
House Bill 280, sponsored by Rep. Jonathan Karlen, D-Missoula, aimed to offer a state income tax credit to homeowners making up to $130,000 a year to reimburse them for a portion of their property tax bill. It would also have let renters claim a credit for a portion of their rental bill assumed to be attributed to property tax.
“It is a tax cut that provides meaningful l...
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