The bill amends Section 7-6-4020 of the Montana Code Annotated to revise the preliminary budget requirements for local governments. It mandates that the preliminary annual operating budget must now include a detailed listing of property taxes levied on $100,000 of residential property value from all mills in the prior budget year, as well as the estimated property taxes to be levied in the current budget year. This change aims to enhance transparency regarding tax implications for residents.

Additionally, the bill removes the previous requirement that specified if a government entity intends to increase property taxes, the preliminary budget must include the amount of increase for homes valued at $100,000, $300,000, and $600,000. The new language focuses solely on the property tax amounts for $100,000 of residential property value, streamlining the information that local governments must provide in their preliminary budgets.

Statutes affected:
LC Text: 7-6-4020
HB0037_1(1): 7-6-4020
HB0037_1(2): 7-6-4020
HB0037_1(3): 7-6-4020
HB0037_1(4): 7-6-4020
HB0037_1(5): 7-6-4020
HB0037_1(6): 7-6-4020
HB0037_1: 7-6-4020
HB0037_2: 7-6-4020
HB0037_X(1): 7-6-4020
HB0037_X(10): 7-6-4020
HB0037_X(11): 7-6-4020
HB0037_X(2): 7-6-4020
HB0037_X(3): 7-6-4020
HB0037_X(4): 7-6-4020
HB0037_X(5): 7-6-4020
HB0037_X(6): 7-6-4020
HB0037_X(7): 7-6-4020
HB0037_X(8): 7-6-4020
HB0037_X(9): 7-6-4020
HB0037_X: 7-6-4020