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68th Legislature 2023 SB 123.1
1 SENATE BILL NO. 123
2 INTRODUCED BY G. HERTZ
3
4 A BILL FOR AN ACT ENTITLED: “AN ACT REQUIRING THE BALLOT FOR A BOND ELECTION TO
5 INCLUDE THE ESTIMATED ADDITIONAL PROPERTY TAXES IMPOSED ON A RESIDENCE; AMENDING
6 SECTION 20-9-426, MCA; AND PROVIDING AN APPLICABILITY DATE.”
7
8 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MONTANA:
9
10 NEW SECTION. Section 1. Bond election -- impact on value. The form of the ballot for a bond
11 election must include a statement of the impact of the election on a home valued at $100,000 and a home
12 valued at $200,000 in terms of actual dollars in additional property taxes that would be imposed in the first year
13 on residences with those values if the bond were to pass. The ballot may also include a statement of the impact
14 of the election on homes of any other value in the district, if appropriate.
15
16 Section 2. Section 20-9-426, MCA, is amended to read:
17 "20-9-426. Preparation and form of ballots for bond election. (1) The school district shall cause
18 ballots to be prepared for all bond elections.
19 (2) All ballots must be substantially in the following form:
20 OFFICIAL BALLOT
21 SCHOOL DISTRICT BOND ELECTION
22 INSTRUCTIONS TO VOTERS: Make an X or similar mark in the vacant square before the words
23 "BONDS--YES" if you wish to vote for the bond issue; if you are opposed to the bond issue, make an X or
24 similar mark in the square before the words "BONDS--NO".
25 Shall the board of trustees be authorized to issue and sell (state type of bonds here: general obligation,
26 oil and natural gas revenue, oil and natural gas revenue for which a tax deficiency is pledged, or impact aid
27 revenue) bonds of this school district in the amount of ............ dollars ($ ..........), payable semiannually, during
28 a period not more than ...... years, for the purpose ............................. (here state the purpose the same way as
-1- Authorized Print Version – SB 123
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68th Legislature 2023 SB 123.1
1 in the notice of election)?
2 If this bond is passed, based on the current taxable value of the school district, the property taxes on a
3 home with an assessed market value for tax purposes of $100,000 would increase by $.......... in the first year
4 and property taxes on a home with an assessed market value of $200,000 would increase by $.......... in the first
5 year.
6 [ ] BONDS -- YES.
7 [ ] BONDS -- NO."
8
9 NEW SECTION. Section 3. Codification instruction. [Section 1] is intended to be codified as an
10 integral part of Title 13, chapter 1, part 4, and the provisions of Title 13, chapter 1, part 4, apply to [section 1].
11
12 NEW SECTION. Section 4. Applicability. [This act] applies to bond elections held on or after [the
13 effective date of this act].
14 - END -
-2- Authorized Print Version – SB 123


Statutes affected:
SB0123_1.pdf: 20-9-426
SB0123_2.pdf: 20-9-426
SB0123_3.pdf: 20-9-426
Amended: 20-9-426
Introduced: 20-9-426