Montana HB887 proposes property tax relief for primary residences funded by lodging tax revenue.

Montana HB887 amends the distribution of lodging tax proceeds to provide property tax relief for primary residences. The bill specifies that a portion of the tax proceeds will be allocated to the state property tax assistance account. It also details the distribution of tax proceeds to various entities, including the Montana historical society, university system, department of fish, wildlife, and parks, and others. The bill includes provisions for the use of tax proceeds for tourism promotion, renovation projects, and support for victims of domestic violence or human trafficking.

Montana HB887 proposes property tax relief for primary residences funded by lodging tax revenue.

Montana HB887 amends the distribution of lodging tax proceeds to provide property tax relief for primary residences. The bill specifies that a portion of the tax proceeds will be allocated to the state property tax assistance account. It also details the distribution of tax proceeds to various entities, including the Montana historical society, university system, department of fish, wildlife, and parks, and others. The bill includes provisions for the use of tax proceeds for tourism promotion, renovation projects, and support for victims of domestic violence or human trafficking.