Bill > HB916

This bill revises how lodging tax revenue is allocated in Montana, primarily focusing on property tax relief and redistributing funds from various tax sources. Starting January 1, 2025, the bill changes the distribution of sales tax and use tax revenue collected from accommodations and campgrounds, directing 14% to a new state property tax assistance account, while maintaining allocations to other existing accounts such as the general fund, Montana heritage center operations, and historic preservation grants. The bill reduces the percentage of funds going to tourism-related organizations and introduces a new mechanism to provide property tax relief for residents. The changes are part of a coordinated effort with Senate Bill No. 90, and the bill includes a $50,000 appropriation to the department of revenue to implement these changes. If Senate Bill No. 90 is not passed, this bill becomes void. The bill will take effect on July 1, 2025, and apply to sales of accommodations or campgrounds occurring on or after that date, representing a significant restructuring of how Montana uses lodging and sales tax revenues to support various state programs and provide property tax assistance.

Budget and Finance

https://bills.legmt.gov/#/laws/bill/2/LC4444