Montana legislation · 2025 Regular Session
Montana SB4: Revise taxation of homesite on certain agricultural property
Status: Failed, May 23, 2025
What the bill says
A bill for an act entitled: "an act revising the taxation of a homesite on certain agricultural property; providing that a 1-acre homesite on agricultural land is valued at market value subject to an exemption; amending sections 15-6-134, 15-6-229, 15-6-240, 15-7-202, and 15-7-206, mca; and providing a delayed effective date and an applicability date.".
From the engrossed text:
A BILL FOR AN ACT ENTITLED: "AN ACT REVISING THE TAXATION OF A HOMESITE ON CERTAIN AGRICULTURAL PROPERTY; PROVIDING THAT A 1-ACRE HOMESITE ON AGRICULTURAL LAND IS VALUED AT MARKET VALUE SUBJECT TO AN EXEMPTION; AMENDING SECTIONS 15-6-134, 15-6-229, 15-6-240, 15-7-202, AND 15-7-206, MCA; AND PROVIDING A DELAYED EFFECTIVE DATE AND AN APPLICABILITY DATE." BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MONTANA: Section 1. Section 15-6-134, MCA, is amended to read: "15-6-134. Class four property -- description -- taxable percentage. (1) Class four property (b) subject to subsection (1)(e) (1)(g): (i) all improvements, including single-family residences, trailers, manufactured homes, or mobile homes used as a residence, except those specifically included in another class; (ii) appurtenant improvements to the residences, including the parcels of land upon which the residences are located and any leasehold improvements; (iii) vacant residential lots; and (iv) rental multifamily dwelling units. (c) all improvements on land that is eligible for valuation, assessment, and taxation as agricultural land under 15-7-202, including 1 acre of real property beneath and improvements on land described in 15-6133(1)(c). The 1 acre must be valued at market value. (d) 1 acre of real property beneath an improvement used as a residence on land that is eligible for valuation, assessment, and taxation as agricultural land under 15-7-202. The 1 acre must …
Sponsors
- Beard, Becky (R, 38) · primary sponsor
Latest actions
- : (S) Died in Process
- : (S) Missed Deadline for Revenue Bill Transmittal
- : (S) Tabled in Committee
- : (S) Hearing
- : (S) Fiscal Note Printed
- : (S) Fiscal Note Signed
- : (S) Fiscal Note Received
- : (S) Referred to Committee
- : (S) 1st Reading
- : (S) Fiscal Note Requested
Subjects: Taxation--Agriculture/Livestock, Taxation, Revenue, State, Revenue, Local, Taxation--Property, Agriculture
Common questions
- What is SB4?
- SB4 is a bill in the Montana Legislature (2025 Regular Session): Revise taxation of homesite on certain agricultural property.
- What does SB4 do?
- In its own words: A bill for an act entitled: "an act revising the taxation of a homesite on certain agricultural property; providing that a 1-acre homesite on agricultural land is valued at market value subject to an exemption; amending sections 15-6-134, 15-6-229, 15-6-240, 15-7-202, and 15-7-206, mca; and providing a delayed effective date and an applicability date.".
- What is the status of SB4?
- Failed as of May 23, 2025. Latest action: (S) Died in Process (May 23, 2025).
- Who sponsored SB4?
- Beard, Becky (R, 38).
- Where is the official record for SB4?
- On the Montana Legislature website: https://bills.legmt.gov/#/laws/bill/2/LC0085
Source: official Montana record. Tracked by Delilah, AI for legislation across all 50 states and Congress.