The Montana Governor signed a law that temporarily exempts certain senior care facilities and housing development projects from property taxes. The exemption, which requires approval from local governments, will apply for up to 5 years beginning Jan. 1, following the approval, with the possibility of a 5-year renewal. The new law takes effect for tax years beginning after Dec. 31, 2025. [H.B. 920, enacted 05/13/25]
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