Montana HB18 mandates the deposit of non-levy revenue into the school equalization and property tax relief account.
Montana HB18 requires the deposit of various non-levy revenues into the school equalization and property tax reduction account. These revenues include federal Taylor Grazing Act funds, fines for law violations, federal flood control act funds, and money remaining at the end of the fiscal year. The bill specifies how these funds should be distributed among the state special revenue fund, state general fund, and counties. The act also outlines the distribution percentages for bentonite production taxes over different periods.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.