House Bill No. [insert number] seeks to enhance Montana's state finance laws by establishing the Montana Growth and Opportunity Trust, which will be funded through annual transfers of volatile revenues. The bill outlines the distribution of interest income from the trust to various state special revenue accounts, including a state property tax assistance account, a Montana water development account, and a better local bridge account. It introduces a property tax assistance program that provides credits for certain primary residences, requiring the Department of Revenue to certify these residences and implement penalties for fraudulent applications. The bill also details the allocation of interest earnings for disaster resiliency, property tax assistance, water development, local bridge improvements, and early childhood initiatives, while establishing a pension fund and modifying the Montana Housing Infrastructure Revolving Loan Fund.

Additionally, the bill amends existing laws related to property tax assessments and appeals, ensuring that taxpayer objections and department determinations are public records. It introduces a new calculation method for mill levies and clarifies definitions related to property assessments. The legislation mandates detailed notifications from county treasurers regarding property tax assistance and establishes new accounts for funding natural resources projects and early childhood services. It also modifies the administration of the Montana permanent coal tax trust fund, transitioning loans to the Montana Growth and Opportunity Trust by August 1, 2025. Overall, the bill aims to streamline financial management and enhance support for community needs, disaster resilience, and housing initiatives in Montana.

Statutes affected:
LC Text: 15-38-302, 17-6-308, 17-6-317, 17-6-801, 17-7-130, 17-7-133, 17-7-140, 19-3-316, 19-20-609, 85-1-631, 90-6-137, 90-6-603
HB0924_1(1): 15-38-302, 17-6-308, 17-6-317, 17-6-801, 17-7-130, 17-7-133, 17-7-140, 19-3-316, 19-20-609, 85-1-631, 90-6-137, 90-6-603
HB0924_1(2): 15-38-302, 17-6-308, 17-6-317, 17-6-801, 17-7-130, 17-7-133, 17-7-140, 19-3-316, 19-20-609, 85-1-631, 90-6-137, 90-6-603
HB0924_1(3): 15-38-302, 17-6-308, 17-6-317, 17-6-801, 17-7-130, 17-7-133, 17-7-140, 19-3-316, 19-20-609, 85-1-631, 90-6-137, 90-6-603
HB0924_1(4): 15-38-302, 17-6-308, 17-6-317, 17-6-801, 17-7-130, 17-7-133, 17-7-140, 19-3-316, 19-20-609, 85-1-631, 90-6-137, 90-6-603
HB0924_1(5): 15-38-302, 17-6-308, 17-6-317, 17-6-801, 17-7-130, 17-7-133, 17-7-140, 19-3-316, 19-20-609, 85-1-631, 90-6-137, 90-6-603
HB0924_1: 15-38-302, 17-6-308, 17-6-317, 17-6-801, 17-7-130, 17-7-133, 17-7-140, 19-3-316, 19-20-609, 85-1-631, 90-6-137, 90-6-603
HB0924_2(1): 15-38-302, 17-6-308, 17-6-317, 17-6-801, 17-7-130, 17-7-133, 17-7-140, 19-3-316, 19-20-609, 85-1-631, 90-6-137, 90-6-603
HB0924_2(10): 15-38-302, 17-6-308, 17-6-317, 17-6-801, 17-7-130, 17-7-133, 17-7-140, 19-3-316, 19-20-609, 85-1-631, 90-6-137, 90-6-603
HB0924_2(2): 15-38-302, 17-6-308, 17-6-317, 17-6-801, 17-7-130, 17-7-133, 17-7-140, 19-3-316, 19-20-609, 85-1-631, 90-6-137, 90-6-603
HB0924_2(3): 15-38-302, 17-6-308, 17-6-317, 17-6-801, 17-7-130, 17-7-133, 17-7-140, 19-3-316, 19-20-609, 85-1-631, 90-6-137, 90-6-603
HB0924_2(4): 15-38-302, 17-6-308, 17-6-317, 17-6-801, 17-7-130, 17-7-133, 17-7-140, 19-3-316, 19-20-609, 85-1-631, 90-6-137, 90-6-603
HB0924_2(5): 15-38-302, 17-6-308, 17-6-317, 17-6-801, 17-7-130, 17-7-133, 17-7-140, 19-3-316, 19-20-609, 85-1-631, 90-6-137, 90-6-603
HB0924_2(6): 15-38-302, 17-6-308, 17-6-317, 17-6-801, 17-7-130, 17-7-133, 17-7-140, 19-3-316, 19-20-609, 85-1-631, 90-6-137, 90-6-603
HB0924_2(7): 15-38-302, 17-6-308, 17-6-317, 17-6-801, 17-7-130, 17-7-133, 17-7-140, 19-3-316, 19-20-609, 85-1-631, 90-6-137, 90-6-603
HB0924_2(8): 15-38-302, 17-6-308, 17-6-317, 17-6-801, 17-7-130, 17-7-133, 17-7-140, 19-3-316, 19-20-609, 85-1-631, 90-6-137, 90-6-603
HB0924_2(9): 15-38-302, 17-6-308, 17-6-317, 17-6-801, 17-7-130, 17-7-133, 17-7-140, 19-3-316, 19-20-609, 85-1-631, 90-6-137, 90-6-603
HB0924_2: 15-38-302, 17-6-308, 17-6-317, 17-6-801, 17-7-130, 17-7-133, 17-7-140, 19-3-316, 19-20-609, 85-1-631, 90-6-137, 90-6-603