HB 831 increases Montana's elderly homeowner and renter income tax credit to help low-to-moderate-income seniors. It raises the maximum credit from $1,150 to $1,400 and increases the household income threshold for eligibility from $35,000 to $50,000 before the credit phases out. The bill also requires annual inflation adjustments to maintain the credit's value and applies retroactively to tax years beginning after December 31, 2024. This directly benefits Montanans aged 65+ who own or rent homes and meet the updated income limits.
HB 924 creates the Montana Growth and Opportunity Trust, funded by half of the state's unpredictable revenue (like capital gains or oil royalties) starting in 2027. Interest income from the trust is split: half distributes $15 million annually to five specific programs (disaster resiliency, property tax relief, water development, bridge repairs, and early childhood care), while the other half reinvests in pension funds and housing infrastructure. The bill establishes new accounts for these programs and sets rules for calculating volatile revenue using historical data to stabilize budgeting. It directly affects state budgeting, early childhood services, infrastructure projects, and pension systems through mandatory funding allocations.
HB 154 would have created a new tax credit for Montana renters and homeowners with household incomes under $150,000. The credit would equal 75% of either property taxes paid (for homeowners) or 15% of rent paid (for renters), minus an income-based percentage (ranging from 1% to 9.5%). To qualify, residents needed to have lived in Montana for at least 9 months and occupied a home or rental for 6 months during the tax year. The bill died in committee in May 2025 without becoming law.
HB 274 sought to establish a medical respite care program in Montana for homeless individuals who are eligible for Medicaid. This program would have provided short-term housing in residential facilities with supportive medical services for those recovering from illness or injury but not requiring hospitalization. Services would have included treatment plan monitoring, medication management, immunizations, discharge planning, and transportation for medical appointments. The bill directed the Department of Public Health and Human Services to seek federal approval for the program and to report annually on its costs and the number of individuals served.
HB 776 aimed to generally revise laws governing residential landlord and tenant relationships. The bill would have required property management companies to provide 90 days' notice to tenants for any changes to or termination of a rental agreement, specifically for tenancies exceeding one year. It also proposed updates to various definitions relevant to landlord-tenant interactions, including "property management company" and "case of emergency." Additionally, it would have adjusted the notice requirements for extending written rental agreements.
HB 304 revises residential tenant security deposit laws, directly affecting both landlords and tenants. The bill requires landlords to provide tenants with an itemized written notice of any unaccomplished cleaning and estimated costs before deducting cleaning charges from a security deposit. Tenants are then given 48 hours, extended from 24, to complete the necessary cleaning. Additionally, the bill prohibits landlords from charging a fee for inspecting the cleaning tenants have completed within this timeframe.
HB 878 proposes to increase the funding available for housing loans for low-income and moderate-income individuals in Montana. It authorizes the Board of Housing to administer an additional $50 million, raising its total from $65 million to $115 million, from the permanent coal tax trust fund. These funds are specifically designated for providing loans to develop and preserve homes and apartments for eligible persons. The bill also outlines project requirements, such as loans being for multifamily rental housing projects and adhering to specific interest rate guidelines.
HB 231 revises property tax laws by establishing reduced tax rates for certain class four residential and commercial properties. It provides a lower tax rate for qualifying owner-occupied principal residences and long-term rental properties, as well as for a portion of commercial property value. For principal residences, some owners will automatically qualify for the reduced rate for tax years 2025 and 2026 based on prior tax rebates or assistance programs. Beginning in tax year 2027, all owners seeking these reduced rates must apply to the department and meet specific eligibility criteria, such as demonstrating occupancy for a principal residence or rental periods for long-term rentals.
SB 213 revises the state building code to permit certain residential buildings to be constructed with a single stairwell. This change applies to buildings classified as Group R-2 occupancy, which typically includes apartments or condominiums. To qualify for a single stairwell, these buildings must meet specific safety conditions. These conditions include having no more than six stories, a maximum of four dwelling units per floor, an automatic sprinkler system, and at least one window or emergency exit provision for each unit.
House Bill 162 revises the definition of "infrastructure" for communities that levy a resort tax. This bill expands the types of projects that can be funded by a resort tax to include "workforce and community housing projects." Previously, resort tax funds for infrastructure were primarily allocated to traditional public services like water, sewer, roads, and public safety. This change allows resort communities and areas to utilize resort tax revenue for housing initiatives.
