Governor Gianforte Delivers Property Tax Relief for Disabled Veterans

Property Tax Assistance Program delivered relief to over 3,000 disabled veterans in 2022

• November 09 2023

HELENA, Mont. – As Veterans Week continues, Governor Greg Gianforte today promoted a new law to boost property tax relief for disabled veterans and surviving military spouses.

“We owe our veterans and their families an eternal debt of gratitude,” Gov. Gianforte said. “We owe the freedoms we enjoy today to our veterans, and the least we could do is boost this successful program to provide property tax relief to our nation’s heroes.”

Gov. Gianforte visiting with veterans in Billings

A key component of his Budget for Montana Families, Gov. Gianforte proposed and secured reforms to the state’s Property Tax Assistance Program (PTAP), which includes the Montana Disabled Veterans (MDV) Program, providing greater property tax relief to disabled veterans or their unmarried surviving spouses.

House Bill 189, carried by Rep. George Nikolakakos, R-Great Falls, strengthens the program by increasing the home market value limit.

Before the governor’s reforms, only the first $200,000 of a home’s market value qualified for relief through the program. Now, Montana homeowners are eligible for property tax relief for the first $350,000 of their home’s market value.

The bill also reformed the programs to increase income limits and automatically adjust them for inflation after each reappraisal cycle.

In 2022, the program served 3,028 disabled veterans, providing a total of $5.9 million in property tax relief. The average tax benefit for disabled veterans from the program was $1,963.

Qualifying veterans can learn more about the program here.

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