Senate Bill No. [insert bill number] seeks to revise Montana's state finance laws by establishing the Montana Growth and Opportunity Trust, which will receive annual transfers of volatile revenues. The trust is divided into a distribution portion and a reinvestment portion, with funds allocated to various state accounts, including property tax assistance, housing, and early childhood services. The bill also introduces the Montana Housing Trust and the Montana Early Childhood Account, aimed at providing financial support for housing and early childhood education initiatives. Additionally, it establishes a State Property Tax Assistance Account to aid property owners and outlines the responsibilities of county treasurers regarding tax notifications and appeals.

The bill amends several sections of the Montana Code Annotated to enhance property tax assessment processes, ensuring transparency and fairness for property owners. It includes provisions for the certification of primary residences, penalties for false applications, and an appeals process for dissatisfied taxpayers. Furthermore, it repeals certain existing laws and introduces new funding mechanisms for housing programs, replacing references to the coal tax trust fund with the Montana Housing Trust. Overall, the legislation aims to improve financial management of state resources while providing critical support for pensions, housing, and early childhood services in Montana.

Statutes affected:
LC Text: 17-6-202, 17-6-214, 17-7-134, 19-3-316, 19-20-609
SB0287_1(1): 17-6-202, 17-6-214, 17-7-134, 19-3-316, 19-20-609
SB0287_1(10): 17-6-202, 17-6-214, 17-7-134, 19-3-316, 19-20-609
SB0287_1(11): 17-6-202, 17-6-214, 17-7-134, 19-3-316, 19-20-609
SB0287_1(12): 17-6-202, 17-6-214, 17-7-134, 19-3-316, 19-20-609
SB0287_1(13): 17-6-202, 17-6-214, 17-7-134, 19-3-316, 19-20-609
SB0287_1(2): 17-6-202, 17-6-214, 17-7-134, 19-3-316, 19-20-609
SB0287_1(3): 17-6-202, 17-6-214, 17-7-134, 19-3-316, 19-20-609
SB0287_1(4): 17-6-202, 17-6-214, 17-7-134, 19-3-316, 19-20-609
SB0287_1(5): 17-6-202, 17-6-214, 17-7-134, 19-3-316, 19-20-609
SB0287_1(6): 17-6-202, 17-6-214, 17-7-134, 19-3-316, 19-20-609
SB0287_1(7): 17-6-202, 17-6-214, 17-7-134, 19-3-316, 19-20-609
SB0287_1(8): 17-6-202, 17-6-214, 17-7-134, 19-3-316, 19-20-609
SB0287_1(9): 17-6-202, 17-6-214, 17-7-134, 19-3-316, 19-20-609
SB0287_1: 17-6-202, 17-6-214, 17-7-134, 19-3-316, 19-20-609
SB0287_2(1): 17-6-202, 17-6-214, 17-7-134, 19-3-316, 19-20-609
SB0287_2(2): 17-6-202, 17-6-214, 17-7-134, 19-3-316, 19-20-609
SB0287_2(3): 17-6-202, 17-6-214, 17-7-134, 19-3-316, 19-20-609
SB0287_2(4): 17-6-202, 17-6-214, 17-7-134, 19-3-316, 19-20-609
SB0287_2(5): 17-6-202, 17-6-214, 17-7-134, 19-3-316, 19-20-609
SB0287_2(6): 17-6-202, 17-6-214, 17-7-134, 19-3-316, 19-20-609
SB0287_2(7): 17-6-202, 17-6-214, 17-7-134, 19-3-316, 19-20-609
SB0287_2(8): 17-6-202, 17-6-214, 17-7-134, 19-3-316, 19-20-609
SB0287_2: 17-6-202, 17-6-214, 17-7-134, 19-3-316, 19-20-609
SB0287_3(1): 17-6-202, 17-6-214, 17-7-134, 19-3-316, 19-20-609
SB0287_3(2): 17-6-202, 17-6-214, 17-7-134, 19-3-316, 19-20-609
SB0287_3(3): 17-6-202, 17-6-214, 17-7-134, 19-3-316, 19-20-609
SB0287_3: 17-6-202, 17-6-214, 17-7-134, 19-3-316, 19-20-609