Montana SB397 revises the appraisal process for centrally assessed property, requiring a qualified independent appraiser if the department and.
Montana SB397 revises the appraisal process for centrally assessed property. It mandates that if the Department of Revenue and the property owner cannot agree on hiring a particular independent appraiser, the department must select one and cover the costs. The department must consider the appraisal results and may accept or modify them. If modified, the owner must be provided with a copy of the appraisal before modification. This act applies to property tax years beginning after December 31, 2025, and is effective January 1, 2026.
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