Montana SB90 proposes property tax relief for primary residences funded by lodging and rental car tax revenue.

Montana SB90 aims to provide property tax assistance for primary residences using revenue from lodging and rental car taxes. Counties will distribute this assistance to certified primary residences. The bill outlines the certification process, including application requirements and penalties for false applications. It also details the distribution of tax proceeds to various state accounts for tourism, heritage preservation, and other purposes. The bill includes provisions for appeals and adjustments to property valuations and classifications. It is set to take effect on July 1, 2025.

Montana SB90 proposes property tax relief for primary residences funded by lodging and rental car tax revenue.

Montana SB90 aims to provide property tax assistance for primary residences using revenue from lodging and rental car taxes. Counties will distribute this assistance to certified primary residences. The bill outlines the certification process, including application requirements and penalties for false applications. It also details the distribution of tax proceeds to various state accounts for tourism, heritage preservation, and other purposes. The bill includes provisions for appeals and adjustments to property valuations and classifications. It is set to take effect on July 1, 2025.