Senator Galt Drops Property Tax Cap Initiative

Senator Wylie Galt has dropped his controversial plan to cap property tax hikes at 2% annually, just two weeks before the signature deadline, citing pushback from businesses and officials. Though the initiative would’ve amended the state constitution to limit annual increases—with exceptions for schools and voter-approved levies—it’s now on hold to pave the way for broader reforms. Galt, who backed last year’s tax relief bill that helped 80% of Montanans, says he’s open to collaborating on a more comprehensive solution ahead of the 2027 legislative session. With the ballot deadline passed and the next session looming, property tax reform remains a top priority for lawmakers and homeowners alike. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/405ae2d57c0ec269