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Montana 2% Annual Increase in Property Valuation Assessment Limit Initiative (2026)
| Montana 2% Annual Increase in Property Valuation Assessment Limit Initiative | |
|---|---|
 | |
| Election date November 3, 2026 | |
| Topic Property and Taxes | |
| Status Cleared for signature gathering | |
| Type Constitutional amendment | Origin Citizens |
The Montana 2% Annual Increase in Property Valuation Assessment Limit Initiative may appear on the ballot in Montana as an initiated constitutional amendment on November 3, 2026.
Two versions of the initiative were filed—CI-129 and CI-130. CI-129 would limit the annual increase for property valuation assessments of primary residences to 2% each year, while CI-130 would limit the annual increase to 2% each year for all real property valuations. Both initiatives would authorize a fair market valuation when property is sold or changes ownership, unless it is purchased or transferred between spouses or parents and children.[1][2][3]
Text of measure
Full text
The full text of the different versions of the amendment are below:
Path to the ballot
The state process
In Montana, the number of signatures required to qualify an initiated constitutional amendment for the ballot is equal to 10 percent of the votes cast for governor in the most recent gubernatorial election. Moreover, signature collection must be distributed such that petitions include signatures equal to 10 percent of the votes cast for governor in each of two-fifths (40) of the state's 100 legislative districts in the last gubernatorial election. Petitioners have a maximum of one year to collect signatures and get them verified by county elections officials.
The requirements to get an initiated constitutional amendment certified for the 2026 ballot:
County election officials check each signature to make sure the name corresponds to the name of a registered voter. Then they use a 5 percent random sampling method to check the authenticity of the signatures. Signature petitions are then sent to the secretary of state, which certifies the measure for the ballot if enough valid signatures were submitted.
Details about this initiative
- The initiative was filed by Matthew Monforton, and it was approved for signature gathering on January 17, 2025.[1]
- A second version of the initiative was filed by Matthew Monforton, and it was approved for signature gathering on June 17, 2025.[1]
See also
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External links
Footnotes
