Montana Limitation on property tax increases, CI-99 (2008)

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The Limitation on Property Tax Increases Act, or CI-99, was an initiated constitutional amendment that would have capped property taxe increases at 1.5% annually and would have homes only be reappraised when sold. John McMenamin sponsored the initiative. McMenamin said that he launched initiative due to frustration with the legislature.[1]

CI-99 aimed for a spot on the November 2008 ballot in Montana. Supporters fell short of the 45,000 valid signatures required by the state's June 20 petition drive deadline, coming up with less than 25,000.[2] [3][4]

Opposition

Gov. Schweitzer had promised to prepare legislation that would prevent a new tax increase for 2008.

See also

External links

References