This bill introduces an alternative payment schedule for property taxes, allowing owners of primary residences to enter into an agreement to pay their property taxes in seven equal installments. It establishes specific application deadlines for homeowners wishing to take advantage of this payment option and includes a definition relevant to the new payment structure.
Additionally, the bill amends existing sections of the Montana Code Annotated (MCA), specifically sections 15-16-102 and 15-16-103, to incorporate these changes. It also includes an appropriation to support the implementation of this new payment schedule and specifies an applicability date for the provisions outlined in the bill.
Statutes affected: HB0830_1.pdf: 15-16-102, 15-16-103
HB0830_2.pdf: 15-16-102, 15-16-103
Amended: 15-16-102, 15-16-103
Introduced: 15-16-102, 15-16-103