Montana legislation · 2025 Regular Session
Montana HB903: Provide for class of property for manufacturing for property tax purposes
Status: Failed, May 20, 2025
What the bill says
A bill for an act entitled: "an act providing for a new class of manufacturing property for property tax purposes; providing a taxable percentage and description for manufacturing property; and providing an applicability date.".
From the engrossed text:
A BILL FOR AN ACT ENTITLED: "AN ACT PROVIDING FOR A NEW CLASS OF MANUFACTURING PROPERTY FOR PROPERTY TAX PURPOSES; PROVIDING A TAXABLE PERCENTAGE AND DESCRIPTION FOR MANUFACTURING PROPERTY; AND PROVIDING AN APPLICABILITY DATE." BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MONTANA: NEW SECTION. Section 1. Class nineteen property -- description -- taxable percentage. (1) Subject to subsection (2), class nineteen property includes land and improvements used for manufacturing, except for property included in 15-6-138 as class eight property. Property used for manufacturing includes property used for: (a) the mechanical, physical, or chemical transformation of materials, substances, or components into new products; or (b) the assembling of component parts of manufactured products for purposes other than construction. (2) If a parcel includes both manufacturing property and property included in another class, the land must be included in the class for which the improvements comprise the largest share of total improvements on the parcel. (3) Class nineteen property is taxed at 1.47% of its market value. NEW SECTION. Section 2. Codification instruction. [Section 1] is intended to be codified as an integral part of Title 15, chapter 6, part 1, and the provisions of Title 15, chapter 6, part 1, apply to [section 1]. NEW SECTION. Section 3. Applicability. [This act] applies to property tax years beginning on …
Sponsors
- Schubert, Lukas (R, 8) · primary sponsor
Latest actions
- : (H) Died in Process
- : (H) Missed Deadline for Revenue Bill Transmittal
- : (H) Fiscal Note Printed
- : (H) Fiscal Note Unsigned
- : (H) Fiscal Note Received
- : (H) Tabled in Committee
- : (H) Hearing
- : (H) Hearing
- : (H) 1st Reading
- : (H) Referred to Committee
Subjects: Taxation, Revenue, State, Revenue, Local, Taxation--Property
Common questions
- What is HB903?
- HB903 is a bill in the Montana Legislature (2025 Regular Session): Provide for class of property for manufacturing for property tax purposes.
- What does HB903 do?
- In its own words: A bill for an act entitled: "an act providing for a new class of manufacturing property for property tax purposes; providing a taxable percentage and description for manufacturing property; and providing an applicability date.".
- What is the status of HB903?
- Failed as of May 20, 2025. Latest action: (H) Died in Process (May 20, 2025).
- Who sponsored HB903?
- Schubert, Lukas (R, 8).
- Where is the official record for HB903?
- On the Montana Legislature website: https://bills.legmt.gov/#/laws/bill/2/LC1737
Source: official Montana record. Tracked by Delilah, AI for legislation across all 50 states and Congress.