The bill amends Section 20-9-116 of the Montana Code Annotated to align the home value amounts used in school district property tax impact statements with other statutory provisions. Specifically, it requires school district trustees to adopt a resolution by March 31 each fiscal year when intending to impose an increase in a nonvoted levy for various educational funds. The resolution must include estimated changes in mills and revenue, as well as the estimated impacts of the levy increase on homes valued at $100,000, $300,000, and $600,000.
The bill replaces the previous requirement of estimating impacts on homes valued at $100,000 and $200,000 with the new values of $100,000, $300,000, and $600,000. This change aims to provide a more comprehensive understanding of the tax implications for a broader range of property values. The bill also maintains the requirement for trustees to publish the resolution in a widely-read newspaper and post it on the school district's website to ensure transparency and public awareness.
Statutes affected: LC Text: 20-9-116
HB0022_1(1): 20-9-116
HB0022_1(2): 20-9-116
HB0022_1(3): 20-9-116
HB0022_1(4): 20-9-116
HB0022_1(5): 20-9-116
HB0022_1(6): 20-9-116
HB0022_1(7): 20-9-116
HB0022_1(8): 20-9-116
HB0022_1(9): 20-9-116
HB0022_1: 20-9-116
HB0022_2(1): 20-9-116
HB0022_2(2): 20-9-116
HB0022_2(3): 20-9-116
HB0022_2(4): 20-9-116
HB0022_2(5): 20-9-116
HB0022_2(6): 20-9-116
HB0022_2(7): 20-9-116
HB0022_2(8): 20-9-116
HB0022_2(9): 20-9-116
HB0022_2: 20-9-116
HB0022_X(1): 20-9-116
HB0022_X(2): 20-9-116
HB0022_X(3): 20-9-116
HB0022_X(4): 20-9-116
HB0022_X(5): 20-9-116
HB0022_X(6): 20-9-116
HB0022_X(7): 20-9-116
HB0022_X(8): 20-9-116
HB0022_X(9): 20-9-116
HB0022_X: 20-9-116