Bill > SB172

This bill revises Montana's resort tax laws to allow the additional 1% resort tax to be used for workforce housing, in addition to infrastructure projects. Currently, resort communities can impose a base resort tax up to 3%, with an option for an additional 1% tax for infrastructure. The bill modifies existing statutes to expand the potential uses of this additional 1% tax to include workforce housing. There are some restrictions: resort communities with populations exceeding the legal limit can only levy this additional tax if they were established before January 1, 2025. The bill requires that any proposed additional tax must be approved by qualified voters through an election, with specific details about the tax rate, duration, and intended uses clearly stated in the election materials. The changes apply to resort communities, resort areas, and resort area districts, giving local governments more flexibility in using resort tax revenue to address housing challenges. The modifications affect multiple sections of Montana Code Annotated related to resort tax implementation, providing a comprehensive update to existing resort tax regulations to support community development efforts.

Budget and Finance

https://bills.legmt.gov/#/laws/bill/2/LC4314