Montana SB512 requires disclosure of property tax settlements for industrial and centrally assessed property on the Department of Revenue's website.

Montana SB512 mandates that settlements regarding the assessed value of industrial and centrally assessed property must be disclosed on the Department of Revenue's website. The disclosed information includes the valuation proposed by the department before settlement and the valuation agreed upon by the department and the taxpayer. The bill also outlines procedures for dispute resolution, including mediation and the establishment of a dispute resolution office. It applies to property tax years beginning after December 31, 2025.

Montana SB512 requires disclosure of property tax settlements for industrial and centrally assessed property on the Department of Revenue's website.

Montana SB512 mandates that settlements regarding the assessed value of industrial and centrally assessed property must be disclosed on the Department of Revenue's website. The disclosed information includes the valuation proposed by the department before settlement and the valuation agreed upon by the department and the taxpayer. The bill also outlines procedures for dispute resolution, including mediation and the establishment of a dispute resolution office. It applies to property tax years beginning after December 31, 2025.