This bill revises the laws governing mill levy elections in Montana by establishing a maximum duration of 10 years for mill levies submitted to voters without requiring reapproval. Existing voted mill levies will terminate unless they are extended before their termination date, with specific termination dates set based on when the levies were last approved. The bill amends several sections of the Montana Code Annotated (MCA), including provisions that clarify the treatment of mill levies in tax increment calculations and the process for reapproving existing levies.

Key amendments include the insertion of language that specifies a mill levy reapproved under certain conditions is not considered a new levy, and the introduction of a requirement that any mill levy approved after the effective date of the act must include a termination date of 10 years or less. Additionally, the bill outlines that a mill levy approved before the act's effective date will terminate unless reapproved by voters, with specific deadlines for termination based on the time since the last approval. The act is set to take effect on January 1, 2028, and the new durational limits will apply to mill levy elections held after this date.

Statutes affected:
LC Text: 7-15-4286, 15-10-425, 20-9-502