Montana HB231 revises property tax rates for certain residential and commercial properties.
Montana HB231 revises property tax laws, establishing reduced tax rates for certain residential and commercial properties. It introduces a homestead reduced tax rate for principal residences and a rental property reduced tax rate for long-term rentals. The bill outlines application procedures, eligibility criteria, and appeal processes for these reduced rates.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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