Montana legislation · 2025 Regular Session
Montana SB204: Sunset or reapprove existing voter approved property tax levies
Status: Failed, May 23, 2025
What the bill says
A bill for an act limiting the duration of mill levies submitted to voters; limiting mill levies to 10 years without voter reapproval; providing exceptions for certain school levies, certain community college levies, law enforcement levies, fire protection levies, and emergency medical service levies; terminating existing voted mill levies unless they are extended before the termination date; providing dates on which levies terminate; amending sections 7-15-4286, and 15-10-425, and 20-9-502, mca; and providing a delayed effective date and an applicability date.".
From the engrossed text:
A BILL FOR AN ACT LIMITING THE DURATION OF MILL LEVIES SUBMITTED TO VOTERS; LIMITING MILL LEVIES TO 10 YEARS WITHOUT VOTER REAPPROVAL; PROVIDING EXCEPTIONS FOR CERTAIN SCHOOL LEVIES, CERTAIN COMMUNITY COLLEGE LEVIES, LAW ENFORCEMENT LEVIES, FIRE PROTECTION LEVIES, AND EMERGENCY MEDICAL SERVICE LEVIES; TERMINATING EXISTING VOTED MILL LEVIES UNLESS THEY ARE EXTENDED BEFORE THE TERMINATION DATE; PROVIDING DATES ON WHICH LEVIES TERMINATE; AMENDING SECTIONS 7-15-4286, AND 15-10-425, AND 20-9-502, 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 7-15-4286, MCA, is amended to read: "7-15-4286. Procedure to determine and disburse tax increment -- remittance of excess portion of tax increment for targeted economic development district. (1) (a) Except as provided in subsection (1)(b), mill rates of taxing bodies for taxes levied after the effective date of the tax increment provision must be calculated on the basis of the sum of the taxable value, as shown by the last equalized assessment roll, of all taxable property located outside the urban renewal area or targeted economic development district and the base taxable value of all taxable property located within the area or district. The mill rate determined must be levied against the sum of the actual taxable value of all taxable property located within as …