Montana’s 2009 Property Tax reappraisal was the first reappraisal in decades and had not only updated information, but used a different formula for appraising agriculture land in Montana. This resulted in some sharply higher property taxes for much of the state’s agricultural landowners and, as a result, many tax bills that were paid under protest.
Montana HB 616, which includes language to correct the phase-in issue recently had with Montana’s reappraisal, will be heard before the House Taxation Committee on Wednesday, March 23 at 8 a.m. The bill also aims to restructure the “Ag-Land Advisory Committee” and to specify what the Advisory Committee should look at before 2010.
CLICK HERE to read the full text of this bill.
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