Montana legislation · 2025 Regular Session
Montana HB29: Revise administration of property tax exemptions
Status: Signed into law, March 4, 2025
What the bill says
An act revising laws related to the administration of property exemptions; requiring the department of revenue to establish a review process for exempt property; requiring the department of revenue to maintain public information about exempt property; establishing reporting requirements; and providing rulemaking authority.
From the engrossed text:
AN ACT REVISING LAWS RELATED TO THE ADMINISTRATION OF PROPERTY EXEMPTIONS; REQUIRING THE DEPARTMENT OF REVENUE TO ESTABLISH A REVIEW PROCESS FOR EXEMPT PROPERTY; REQUIRING THE DEPARTMENT OF REVENUE TO MAINTAIN PUBLIC INFORMATION ABOUT EXEMPT PROPERTY; ESTABLISHING REPORTING REQUIREMENTS; AND PROVIDING RULEMAKING AUTHORITY. Section 1. Periodic review of exempt property -- rulemaking. (1) The department shall administer a program for the review of property that is exempt from taxation under Title 15, chapter 6, part 2, as provided in this section. (2) The review process must provide for the review of all exempt property for which an application to the department is required at least once every 8 years. (3) The department shall report to the revenue interim committee biennially in accordance with 511-210 information on exempt property reviewed during the biennium, (b) the types of exemptions reviewed; (c) the number of exemptions granted and denied; and (d) the estimated market value and taxable value of exemptions granted and denied. (4) The department may adopt rules to implement the exempt property review process provided for in this section. Section 2. Public information on exempt property. (1) The department shall maintain public information about real property that is exempt from property taxation under Title 15, chapter 6, part 2, and for - 1 - Authorized Print Version - HB 29 ENROLLED …
Sponsors
- Essmann, Sherry (R, 49) · primary sponsor
- Beard, Becky (R, 38)
Latest actions
- : 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 Concurred
- : (S) Scheduled for 3rd Reading
- : (S) 2nd Reading Concurred
Votes
- Do Concur (February 18, 2025): 48 yea, 2 nay, passed
- Do Concur (February 15, 2025): 44 yea, 4 nay, passed
- Do Pass (January 20, 2025): 98 yea, 0 nay, passed
- Do Pass (January 17, 2025): 98 yea, 0 nay, passed
Subjects: Rule Making, Taxation, Taxation--Property
Common questions
- What is HB29?
- HB29 is a bill in the Montana Legislature (2025 Regular Session): Revise administration of property tax exemptions.
- What does HB29 do?
- In its own words: An act revising laws related to the administration of property exemptions; requiring the department of revenue to establish a review process for exempt property; requiring the department of revenue to maintain public information about exempt property; establishing reporting requirements; and providing rulemaking authority.
- What is the status of HB29?
- Signed into law as of March 4, 2025. Latest action: Chapter Number Assigned (May 16, 2025).
- Who sponsored HB29?
- Essmann, Sherry (R, 49), with 1 co-sponsor.
- Where is the official record for HB29?
- On the Montana Legislature website: https://bills.legmt.gov/#/laws/bill/2/LC0078
Source: official Montana record. Tracked by Delilah, AI for legislation across all 50 states and Congress.