The bill revises local government impact fee laws in Montana by removing the provision that allowed an administration fee of up to 5% of the total impact fee collected. It also establishes that impact fees cannot increase by more than the rate of inflation, as determined by the producer price index. Additionally, the bill revises definitions related to impact fees, including changes to the terminology used for various public facilities and the clarification of what constitutes an impact fee.
Furthermore, the bill mandates that the amount of each impact fee must be based on the actual costs of public facility expansion or reasonable estimates of costs incurred due to new development. It requires that the calculation of impact fees adhere to generally accepted accounting principles and includes a stipulation that the initial amount of an impact fee may not exceed the inflation rate. The bill also emphasizes that impact fees should not cover costs for correcting existing deficiencies in public facilities and ensures that new developments are not held to a higher service level than existing users without a mechanism for existing users to improve the system.
Statutes affected: LC Text: 7-6-1601, 7-6-1602
SB0133_1(1): 7-6-1601, 7-6-1602
SB0133_1(2): 7-6-1601, 7-6-1602
SB0133_1(3): 7-6-1601, 7-6-1602
SB0133_1(4): 7-6-1601, 7-6-1602
SB0133_1(5): 7-6-1601, 7-6-1602
SB0133_1(6): 7-6-1601, 7-6-1602
SB0133_1(7): 7-6-1601, 7-6-1602
SB0133_1: 7-6-1601, 7-6-1602
SB0133_2(1): 7-6-1601, 7-6-1602
SB0133_2(10): 7-6-1601, 7-6-1602
SB0133_2(11): 7-6-1601, 7-6-1602
SB0133_2(2): 7-6-1601, 7-6-1602
SB0133_2(3): 7-6-1601, 7-6-1602
SB0133_2(4): 7-6-1601, 7-6-1602
SB0133_2(5): 7-6-1601, 7-6-1602
SB0133_2(6): 7-6-1601, 7-6-1602
SB0133_2(7): 7-6-1601, 7-6-1602
SB0133_2(8): 7-6-1601, 7-6-1602
SB0133_2(9): 7-6-1601, 7-6-1602
SB0133_2: 7-6-1601, 7-6-1602
SB0133_3(1): 7-6-1601, 7-6-1602
SB0133_3(2): 7-6-1601, 7-6-1602
SB0133_3(3): 7-6-1601, 7-6-1602
SB0133_3(4): 7-6-1601, 7-6-1602
SB0133_3: 7-6-1601, 7-6-1602
SB0133_X(1): 7-6-1601, 7-6-1602
SB0133_X(10): 7-6-1601, 7-6-1602
SB0133_X(2): 7-6-1601, 7-6-1602
SB0133_X(3): 7-6-1601, 7-6-1602
SB0133_X(4): 7-6-1601, 7-6-1602
SB0133_X(5): 7-6-1601, 7-6-1602
SB0133_X(6): 7-6-1601, 7-6-1602
SB0133_X(7): 7-6-1601, 7-6-1602
SB0133_X(8): 7-6-1601, 7-6-1602
SB0133_X(9): 7-6-1601, 7-6-1602
SB0133_X: 7-6-1601, 7-6-1602