Montana legislation · 2025 Regular Session
Montana HB17: Revise terms for forest lands taxation advisory committee
Status: Signed into law, February 27, 2025
What the bill says
An act revising the terms for members of the forest lands taxation advisory committee; amending section 15-44-103, mca; and providing an immediate effective date.".
From the engrossed text:
AN ACT REVISING THE TERMS FOR MEMBERS OF THE FOREST LANDS TAXATION ADVISORY COMMITTEE; AMENDING SECTION 15-44-103, MCA; AND PROVIDING AN IMMEDIATE EFFECTIVE DATE." Section 1. Section 15-44-103, MCA, is amended to read: "15-44-103. Legislative intent -- value of forest lands -- valuation zones. (1) In order to encourage landowners of private forest lands to retain and improve their holdings of forest lands, to promote better forest practices, and to encourage the investment of capital in reforestation, forest lands must be classified and assessed under the provisions of this section. (2) The forest productivity value of forest land must be determined by: (a) capitalizing the value of the mean annual net wood production at the culmination of mean annual increment plus other agriculture-related income, if any; less (b) annualized expenses, including but not limited to the establishment, protection, maintenance, improvement, and management of the crop over the rotation period. (3) To determine the forest productivity value of forest lands, the department shall: (a) divide the state into appropriate forest valuation zones, with each zone designated so as to recognize the uniqueness of marketing areas, timber types, growth rates, access, operability, and other pertinent factors of that zone; and (b) establish a uniform system of forest land classification that takes into consideration the productive capacity of the site to grow forest …
Sponsors
- Thane, Mark (D, 89) · primary sponsor
- Fern, Dave (D, 2)
Latest actions
- : Chapter Number Assigned
- : (H) Signed by Governor
- : Chapter Number Assigned
- : (H) Signed by Governor
- : (H) Transmitted to Governor
- : (S) Signed by President
- : (H) Signed by Speaker
- : (H) Returned from Enrolling
- : (H) Sent to Enrolling
- : (S) 3rd Reading
Votes
- Do Concur (February 13, 2025): 49 yea, 1 nay, passed
- Do Concur (February 12, 2025): 47 yea, 3 nay, passed
- Do Pass (January 13, 2025): 99 yea, 0 nay, passed
- Do Pass (January 10, 2025): 100 yea, 0 nay, passed
Subjects: Forests and Forestry, Taxation, Taxation--Property
Common questions
- What is HB17?
- HB17 is a bill in the Montana Legislature (2025 Regular Session): Revise terms for forest lands taxation advisory committee.
- What does HB17 do?
- In its own words: An act revising the terms for members of the forest lands taxation advisory committee; amending section 15-44-103, mca; and providing an immediate effective date.".
- What is the status of HB17?
- Signed into law as of February 27, 2025. Latest action: Chapter Number Assigned (May 5, 2025).
- Who sponsored HB17?
- Thane, Mark (D, 89), with 1 co-sponsor.
- Where is the official record for HB17?
- On the Montana Legislature website: https://bills.legmt.gov/#/laws/bill/2/LC0079
Source: official Montana record. Tracked by Delilah, AI for legislation across all 50 states and Congress.