15-10-401. Declaration of policy. (1) The state of Montana’s reliance on the taxation of property to support education and local government has placed an unreasonable burden on the owners of all classes of property described in Title 15, chapter 6, part 1. (2) Except as provided in 15-10-420, the people of the state of Montana declare that […]
15-10-402. Property tax limited to 1996 levels. Except as provided in 15-10-420, the amount of taxes levied on property described in Title 15, chapter 6, part 1, may not, for any taxing jurisdiction, exceed the amount levied for tax year 1996. History: En. Sec. 2, I.M. No. 105, approved Nov. 4, 1986; amd. Sec. 6, Ch. 10, […]
15-10-403 through 15-10-405 reserved.
15-10-406. Limitation of applicability. The minimum tax imposed by 15-16-118 is not affected by the provisions of this part. History: En. Sec. 2, Ch. 474, L. 1991.
15-10-407 through 15-10-410 reserved.
15-10-411. Repealed. Sec. 14, Ch. 463, L. 1997. History: En. Sec. 1, Ch. 654, L. 1987.
15-10-412. Repealed. Sec. 171, Ch. 584, L. 1999. History: En. Sec. 2, Ch. 654, L. 1987; amd. Sec. 2, Ch. 213, L. 1989; amd. Sec. 3, Ch. 636, L. 1989; amd. Sec. 1, Ch. 662, L. 1989; amd. Sec. 1, Ch. 5, Sp. L. June 1989; amd. Sec. 1, Ch. 6, Sp. L. June 1989; amd. Sec. […]
15-10-413 through 15-10-419 reserved.
15-10-420. Procedure for calculating levy. (1) (a) Subject to the provisions of this section, a governmental entity that is authorized to impose mills may impose a mill levy sufficient to generate the amount of property taxes actually assessed in the prior year plus one-half of the average rate of inflation for the prior 3 years. The […]
15-10-421 through 15-10-424 reserved.
15-10-425. Mill levy election. (1) A county, consolidated government, incorporated city, incorporated town, school district, or other taxing entity may impose a new mill levy, increase a mill levy that is required to be submitted to the electors, or exceed the mill levy limit provided for in 15-10-420 by conducting an election as provided in this […]
