Bill > HB308

This bill extends the termination dates for several previous legislative acts related to metalliferous (metal) mines license tax distribution to counties. Specifically, the bill amends three previous laws by changing their expiration dates from 2019 and 2027 to 2035 and 2037, effectively prolonging the existing provisions for metal mines license tax collection and distribution. The changes ensure that the current method of allocating metal mines license tax revenue to counties will continue for several more years, maintaining the existing financial arrangement between the state and counties with metal mining operations. By extending these termination dates, the bill provides long-term stability and predictability for county budgets that rely on revenue from metal mining license taxes, without fundamentally changing the underlying tax distribution mechanism established in previous legislation.

Budget and Finance

https://bills.legmt.gov/#/laws/bill/2/LC0017