The bill amends Section 15-16-611 of the Montana Code Annotated to establish a deadline for taxpayers to file claims for property tax relief following a natural disaster. Specifically, it introduces a new requirement that taxpayers must file their claims for adjustments to taxable value within a specified number of years from the date of the property destruction caused by the natural disaster. This addition aims to streamline the process and ensure timely claims for tax relief.

In addition to the new filing deadline, the bill maintains existing provisions regarding the adjustment of taxable value for properties destroyed by natural disasters, including the calculation of taxes owed based on the duration the property existed before destruction. The bill also clarifies that the term "natural disaster" encompasses various events such as fire, flood, earthquake, or wind, while stipulating that property taxes cannot be adjusted if the taxpayer is convicted of arson related to the destruction. The act is set to take effect immediately upon passage and approval.

Statutes affected:
LC Text: 15-16-611
HB0089_1(1): 15-16-611
HB0089_1(2): 15-16-611
HB0089_1(3): 15-16-611
HB0089_1(4): 15-16-611
HB0089_1(5): 15-16-611
HB0089_1(6): 15-16-611
HB0089_1(7): 15-16-611
HB0089_1(8): 15-16-611
HB0089_1: 15-16-611
HB0089_X(1): 15-16-611
HB0089_X(10): 15-16-611
HB0089_X(11): 15-16-611
HB0089_X(2): 15-16-611
HB0089_X(3): 15-16-611
HB0089_X(4): 15-16-611
HB0089_X(5): 15-16-611
HB0089_X(6): 15-16-611
HB0089_X(7): 15-16-611
HB0089_X(8): 15-16-611
HB0089_X(9): 15-16-611
HB0089_X: 15-16-611