The Interim 2007 July

Cover The Interim 2007 July
The Interim 2007 July
Montana.Legislature.Legislative Council
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As July 2007 THE INTERIM 8 introduced, Senate Bill No. 88 (Ch. 1 1 3, L. 2007) would have extended the termination date related to the allocation of the lodging facility use tax ($400,000 a year) to the Montana heritage preservation and development account from July 1 , 2007, to July 1 , 201 1 . Instead, the Legislature repealed the termination date, so the allocation will be made indefinitely.
NOW YOU SEE IT, NOW YOU DON'T A legislative proposal with the phrase "generally revise" or similar la
...nguage in the title of the bill is susceptible to being "morphed" into something altogether different. That metamorphosis notably occurred in two tax bills.
House Bill No. 833, introduced late in the legislative session, was requested as a bill to revise laws relating to taxation. It would have provided an individual income tax credit for the amount property taxes paid associated with the 95 mills for school equalization levies on $20,000 of market value of a taxpayer's principal residence times a relief multiple.


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