The bill revises the terms for members of the Forest Lands Taxation Advisory Committee by amending Section 15-44-103 of the Montana Code Annotated. Key changes include the establishment of a 4-year term for committee members, with initial terms set at 1, 2, 3, and 4 years for different appointees. Legislative leaders are required to appoint members by July 1 of the year of a regular legislative session, while the governor must appoint members by July 1 of each year. The previous requirement for appointments to be made two years prior to the first year of each reappraisal cycle has been removed.

Additionally, the advisory committee's responsibilities are outlined, including reviewing data related to forest land valuation and making recommendations to the department regarding adjustments based on market conditions and forest practices. The committee is also tasked with verifying income approximations for forest landowners and recommending valuation techniques. The bill provides for an immediate effective date upon passage and approval.

Statutes affected:
LC Text: 15-44-103
HB0017_1(1): 15-44-103
HB0017_1(2): 15-44-103
HB0017_1(3): 15-44-103
HB0017_1(4): 15-44-103
HB0017_1(5): 15-44-103
HB0017_1(6): 15-44-103
HB0017_1(7): 15-44-103
HB0017_1: 15-44-103