HB108

Montana HB108 revises property tax valuation requirements for agricultural implements and machinery.

Montana HB108 revises property tax valuation requirements for agricultural implements and machinery. It eliminates the requirement for the Department of Revenue to prepare a supplemental valuation manual when agricultural implements and machinery are not listed in an official guide. The bill amends Section 15-8-111, MCA, to update the property tax valuation requirements. It applies to tax years beginning after December 31, 2025.