Bill > SB302

This bill modifies the procedures for property tax appeals in Montana by introducing an optional informal review process specifically for class four residential properties at the Montana Tax Appeal Board (MTAB). Under the new provisions, property owners can elect to have their property tax dispute reviewed informally by the MTAB. If an informal review is chosen, the board's decision becomes final and binding for both the taxpayer and the department of revenue, with no further possibility of reconsideration or appeal to district court. The bill requires the MTAB to develop and adopt rules outlining the specific procedures for this informal review process. The bill also maintains existing provisions about independent appraisals, particularly for residential properties, where a taxpayer-provided appraisal that meets certain standards is presumed to establish the assessed value unless the department provides compelling evidence to the contrary. The new informal review option is designed to provide a potentially simpler, more expedient method for resolving residential property tax disputes, with the MTAB having the authority to create the detailed implementation guidelines through rulemaking.

Budget and Finance

https://bills.legmt.gov/#/laws/bill/2/LC0704