MT SB424

Expands eligibility for Montana's disabled veteran property tax assistance program from veterans rated 100% disabled to those rated 80% disabled or higher by the U.S. Department of Veterans Affairs

Creates a two-tiered benefit structure: veterans rated 100% disabled receive full tax reductions (0-50% tax rate depending on income), while veterans rated 80-90% disabled receive reduced benefits (70-90% tax rate depending on income)

Extends the same expanded eligibility to surviving spouses of qualified veterans who meet ownership, occupancy, and marital status requirements

Income thresholds for benefits range from $0-$59,554 for single persons, $0-$68,705 for married couples, and $0-$51,911 for surviving spouses, with annual inflation adjustments based on the PCE price index

Applies to property tax years beginning after December 31, 2025, with immediate effective date upon passage and approval