This bill proposes a revision to the reappraisal cycle for certain centrally assessed properties, establishing a new 2-year reappraisal cycle. It amends several sections of the Montana Code Annotated (MCA), specifically sections 15-1-210, 15-1-402, 15-7-102, 15-7-111, 15-8-112, 15-15-102, 15-23-101, 15-23-103, and 15-23-212, to reflect this change in the reappraisal frequency.

The bill aims to streamline the assessment process for centrally assessed properties, potentially leading to more accurate property valuations and improved revenue collection for the state. Additionally, it includes a provision for an applicability date, ensuring that the new reappraisal cycle is implemented in a timely manner.

Statutes affected:
SB0054_1.pdf: 15-1-210, 15-1-402, 15-7-102, 15-7-111, 15-8-112, 15-15-102, 15-23-101, 15-23-103, 15-23-212
SB0054_2.pdf: 15-1-210, 15-1-402, 15-7-102, 15-7-111, 15-8-112, 15-15-102, 15-23-101, 15-23-103, 15-23-212
Amended: 15-1-210, 15-1-402, 15-7-102, 15-7-111, 15-8-112, 15-15-102, 15-23-101, 15-23-103, 15-23-212
Introduced: 15-1-210, 15-1-402, 15-7-102, 15-7-111, 15-8-112, 15-15-102, 15-23-101, 15-23-103, 15-23-212