MT HB906

Provides a property tax rebate of up to $330 (reduced from $500 in prior law) for tax year 2024 for Montana residents who owned and occupied a principal residence for at least 7 months

Eligible properties include single-family dwellings, multi-unit dwelling units, trailers, manufactured homes, and mobile homes with up to 1 acre of surrounding land

Claims must be submitted electronically between August 15 and October 1, 2025, or by mail postmarked by October 1, through the Department of Revenue

Funding comes from a statutory appropriation from the general fund and interest earnings from the capital developments long-range building program account for fiscal year ending June 30, 2025

Extends the termination date of the property tax rebate program from June 30, 2025 to June 30, 2026, with immediate effective date upon passage