Measure to cap Montana property taxes won’t qualify for November ballot

A proposed constitutional amendment to cap Montana’s residential property taxes will not appear on the ballot in November.

Matthew Monforton, one of the sponsors of Constitutional Initiative 121, confirmed Thursday that they would not reach the more than 60,000 signatures needed to qualify the measure for the general election ballot. It came after the political committee opposing CI-121 released a statement earlier in the day, claiming success in preventing qualification.