This bill, requested by the Department of Revenue, aims to revise the legal description of centrally assessed pipeline properties. It amends several sections of the Montana Code Annotated (MCA), specifically sections 15-6-138, 15-6-141, 15-23-101, and 15-23-301. The revisions are intended to clarify the assessment process for these properties, ensuring that they are accurately represented in the state's tax system.

The bill also includes provisions for an immediate effective date and retroactive applicability, meaning that the changes will take effect as soon as the bill is enacted and will apply to assessments made prior to the enactment date. This approach is designed to ensure consistency and fairness in the assessment of pipeline properties moving forward.

Statutes affected:
SB0081_1.pdf: 15-6-138, 15-6-141, 15-23-101, 15-23-301
Introduced: 15-6-138, 15-6-141, 15-23-101, 15-23-301