The bill proposes significant amendments to the approval thresholds for bond and mill levy elections in Montana, specifically increasing the percentage of electors required for bond propositions from 40% to 50% for a simple majority and from 30% to 40% for a 60% majority. It also clarifies that a majority of votes cast must be in favor for tax levies to be imposed, and outlines the procedures for determining the approval or rejection of bond propositions based on the percentage of qualified electors voting. These changes aim to enhance accountability and voter engagement in local government financial decisions.

Additionally, the bill introduces provisions for municipalities with populations over 10,000 regarding the issuance of bonds, allowing them to levy a general tax if bond payment revenues are insufficient. It modifies the approval process for bond resolutions by removing the requirement for a majority of electors to vote in favor, instead specifying that the resolution must be approved as outlined in existing law. The bill establishes clear thresholds for bond proposition approval based on voter turnout and includes new sections detailing its effective date and applicability to future elections, ultimately streamlining the funding process for municipalities while ensuring clarity in the voting process.

Statutes affected:
LC Text: 7-6-2512, 7-6-4431, 7-7-2237, 7-7-4235, 7-12-4244, 7-14-1134, 7-15-4218, 7-16-2102, 7-16-2109, 7-22-2142, 7-31-110, 7-32-235, 7-34-2414, 15-10-425, 20-9-353, 20-9-428, 20-9-471, 20-9-502, 20-9-533, 67-11-303, 76-15-506
SB0205_1(1): 7-6-2512, 7-6-4431, 7-7-2237, 7-7-4235, 7-12-4244, 7-14-1134, 7-15-4218, 7-16-2102, 7-16-2109, 7-22-2142, 7-31-110, 7-32-235, 7-34-2414, 15-10-425, 20-9-353, 20-9-428, 20-9-471, 20-9-502, 20-9-533, 67-11-303, 76-15-506
SB0205_1(2): 7-6-2512, 7-6-4431, 7-7-2237, 7-7-4235, 7-12-4244, 7-14-1134, 7-15-4218, 7-16-2102, 7-16-2109, 7-22-2142, 7-31-110, 7-32-235, 7-34-2414, 15-10-425, 20-9-353, 20-9-428, 20-9-471, 20-9-502, 20-9-533, 67-11-303, 76-15-506
SB0205_1(3): 7-6-2512, 7-6-4431, 7-7-2237, 7-7-4235, 7-12-4244, 7-14-1134, 7-15-4218, 7-16-2102, 7-16-2109, 7-22-2142, 7-31-110, 7-32-235, 7-34-2414, 15-10-425, 20-9-353, 20-9-428, 20-9-471, 20-9-502, 20-9-533, 67-11-303, 76-15-506
SB0205_1: 7-6-2512, 7-6-4431, 7-7-2237, 7-7-4235, 7-12-4244, 7-14-1134, 7-15-4218, 7-16-2102, 7-16-2109, 7-22-2142, 7-31-110, 7-32-235, 7-34-2414, 15-10-425, 20-9-353, 20-9-428, 20-9-471, 20-9-502, 20-9-533, 67-11-303, 76-15-506