Montgomery County voters would weigh a home tax break and sales tax

Montgomery County would exempt eligible homes from county property taxes by an amount determined each year using local sales tax proceeds. It would cover eligible homestead property within Montgomery County and apply only to county property taxes. The Act would need approval by county voters and a two-thirds vote in both the House and Senate. Home value above the exempt amount would remain taxable. People who received another county home exemption for the same home in the prior tax year and remain eligible would not need to apply again. Once granted, this exemption would renew yearly while the person lives there and remains eligible. If approved, the exemption would apply to tax years beginning January 1, 2027, through December 31, 2039.

Montgomery County would hold a countywide vote on the Act, which includes a proposed 1 percent local sales tax. Montgomery County voters would decide whether to approve the Act. The Act would need approval by more than half of votes cast and a two-thirds vote in both the House and Senate. If voters reject it, or the election is not held as required, the Act would not take effect and would be repealed. The proposed sales tax would be collected within the special district that covers Montgomery County. The vote would be held in November 2026. If approved, the sales tax would run from January 1, 2028, through December 31, 2037.