This bill revises the resort tax laws in Montana, specifically allowing the additional 1% resort tax to be utilized for workforce housing. It introduces new definitions, including "workforce housing," which refers to rental housing where at least 20% of the units are rent-restricted, and modifies existing definitions related to resort areas and communities. Notably, the population limit for resort areas is increased from 2,500 to 3,500. The bill also clarifies that the revenue from the additional resort tax can be allocated for infrastructure or workforce housing.

Furthermore, the bill amends several sections of the Montana Code Annotated (MCA) to ensure that the process for imposing or amending resort taxes includes a majority approval from qualified electors. It specifies that the petition or resolution for the additional tax must clearly state its intended use for infrastructure or workforce housing. The governing bodies of resort communities and districts are given the authority to submit questions regarding the additional tax to voters, ensuring transparency and community involvement in the decision-making process.

Statutes affected:
LC Text: 7-6-1501, 7-6-1503, 7-6-1504, 7-6-1541, 7-6-1542