This bill proposes the repeal of the property tax abatement specifically for gray water systems. It seeks to eliminate several sections of the Montana Code Annotated (MCA), namely 15-24-3201, 15-24-3202, 15-24-3203, 15-24-3204, and 15-24-3211, which currently govern the tax incentives related to these systems.

Additionally, the bill includes provisions for an immediate effective date and retroactive applicability, meaning that the repeal would take effect as soon as the bill is enacted and would apply to any relevant tax periods prior to the enactment date. This legislative change reflects a shift in policy regarding the financial incentives for gray water systems in the state.