Montana DOR Announces Property Tax Relief Programs for Homeowners

The Montana Department of Revenue (DOR) announced details about two property tax relief programs for homeowners. The Property Tax Assistance Program (PTAP) offers a reduced property tax rate of 30-80 percent on the first $350,000 of a home’s market value for eligible residential homeowners based on income levels, marital status, and other requirements, while the Montana Disabled Veterans (MDV) Property Tax Assistance Program provides a 50-100 percent reduction for qualified disabled veterans and unmarried surviving spouses based on disability status, income, and other criteria. Applications for both programs are due April 15. [Mont. Dep’t of Revenue, Property Tax Relief Programs ...