The bill mandates that voted levies, excluding those for school districts, must be stated in dollar amounts rather than in mills. It also allows these levies to be subject to the calculation provisions of 15-10-420, which are adjusted for inflation. The bill amends sections 15-10-420 and 15-10-425 of the Montana Code Annotated (MCA) and repeals section 7-6-4431, MCA. The amendments clarify the procedures for calculating levies and the treatment of newly taxable properties, ensuring that the maximum number of mills a governmental entity can impose is based on prior year assessments and inflation rates.

Additionally, the bill outlines the requirements for conducting elections to impose new or increased mill levies, emphasizing the need for transparency regarding the specific purposes of the levies and their financial implications for taxpayers. It specifies that the governing body must provide clear information on the impact of the proposed levies on property taxes for homes of various values. If a majority of voters approve the levy, the governing body is authorized to impose it as specified in the resolution or charter amendment.

Statutes affected:
LC Text: 15-10-420, 15-10-425
HB0020_1(1): 15-10-420, 15-10-425
HB0020_1(2): 15-10-420, 15-10-425
HB0020_1(3): 15-10-420, 15-10-425
HB0020_1(4): 15-10-420, 15-10-425
HB0020_1(5): 15-10-420, 15-10-425
HB0020_1(6): 15-10-420, 15-10-425
HB0020_1: 15-10-420, 15-10-425
HB0020_2(1): 15-10-420, 15-10-425
HB0020_2(10): 15-10-420, 15-10-425
HB0020_2(11): 15-10-420, 15-10-425
HB0020_2(12): 15-10-420, 15-10-425
HB0020_2(13): 15-10-420, 15-10-425
HB0020_2(14): 15-10-420, 15-10-425
HB0020_2(15): 15-10-420, 15-10-425
HB0020_2(2): 15-10-420, 15-10-425
HB0020_2(3): 15-10-420, 15-10-425
HB0020_2(4): 15-10-420, 15-10-425
HB0020_2(5): 15-10-420, 15-10-425
HB0020_2(6): 15-10-420, 15-10-425
HB0020_2(7): 15-10-420, 15-10-425
HB0020_2(8): 15-10-420, 15-10-425
HB0020_2(9): 15-10-420, 15-10-425
HB0020_2: 15-10-420, 15-10-425
HB0020_3(1): 15-10-420, 15-10-425
HB0020_3(10): 15-10-420, 15-10-425
HB0020_3(2): 15-10-420, 15-10-425
HB0020_3(3): 15-10-420, 15-10-425
HB0020_3(4): 15-10-420, 15-10-425
HB0020_3(5): 15-10-420, 15-10-425
HB0020_3(6): 15-10-420, 15-10-425
HB0020_3(7): 15-10-420, 15-10-425
HB0020_3(8): 15-10-420, 15-10-425
HB0020_3(9): 15-10-420, 15-10-425
HB0020_3: 15-10-420, 15-10-425