SB3

Montana SB3 requires local governments to create an advisory committee for districts using tax increment financing.

Montana SB3 mandates that local governments appoint an advisory committee for urban renewal areas or targeted economic development districts using tax increment financing. The committee must include representatives from overlapping cities, towns, counties, and school districts. The bill also requires municipalities and counties to consult with affected counties and school districts before adopting a tax increment financing provision. The advisory committee advises the local government on the administration of the urban renewal area or targeted economic development district.