Legislators Moving Forward With Increasing Homestead Exemption
The Montana Legislature is approving at the Senate level an increase to the homestead exemption.
The bill reads that the limitation on value for a homestead would change from $250,000 to $350,000.
The bill passed its second reading by a 50-0 on Wednesday, Jan. 27.
Bill sponsor Jason Ellsworth, R-Hamilton, suggested an amendment to the bill on Jan. 27 that would automatically increase