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 updates definitions related to impact fees, including clarifying the terms "impact fee," "public facilities," and "proportionate share," among others.

Furthermore, the bill mandates that the amount of each impact fee must be based on the actual costs of public facility expansions 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 provision for periodic updates to the documentation supporting the impact fees. The bill emphasizes that impact fees should be reasonably related to the development's share of infrastructure costs and prohibits including costs for correcting existing deficiencies in public facilities.

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