Montana HB893 creates a lottery game to fund property tax relief by allocating net revenue to the state property tax assistance account.

Montana HB893 establishes a Montana Millions lottery game to generate funds for property tax relief. The game, held annually on July 4, offers four $1 million prizes and sells 500,000 tickets at $20 each. After covering costs and prizes, the net revenue is transferred to the state property tax assistance account. The bill also appropriates $50,000 from the general fund for implementation and specifies that if Senate Bill No. 90 is not passed, this act is void.

Montana HB893 creates a lottery game to fund property tax relief by allocating net revenue to the state property tax assistance account.

Montana HB893 establishes a Montana Millions lottery game to generate funds for property tax relief. The game, held annually on July 4, offers four $1 million prizes and sells 500,000 tickets at $20 each. After covering costs and prizes, the net revenue is transferred to the state property tax assistance account. The bill also appropriates $50,000 from the general fund for implementation and specifies that if Senate Bill No. 90 is not passed, this act is void.