Representative Zolenkoff proposes Summertime Millionaire lottery for property tax relief

In a recent meeting of the Montana Legislature's House Business and Labor Committee, discussions centered around House Bill 893, which aims to provide property tax relief through a new lottery game. Representative Zolnikoff presented the bill, emphasizing the need for increased financial support for constituents facing rising property taxes.

The proposed lottery, tentatively named the "Summertime Millionaire," is designed to generate revenue specifically for property tax relief. Zolnikoff highlighted the popularity of existing lottery games, noting that many Montanans eagerly line up to purchase tickets. The new lottery would feature two drawings, one on July 4 and another in December, with all proceeds directed towards alleviating property tax burdens.

Committee members expressed support for the initiative, with discussions revealing a general consensus on the need for enhanced property tax relief measures. Questions arose regarding the operational costs for the lottery commission and the specifics of how the generated revenue would be allocated. Zolnikoff assured members that the lottery's implementation would not incur additional costs to the commission, as expenses would be covered by the lottery's revenue.

The meeting also touched on Senate Bill 90, which aims to utilize lodging tax revenues for property tax assistance. Zolnikoff noted that while Senate Bill 90 has faced criticism for its limited impact, House Bill 893 seeks to bolster these efforts by providing a more substantial financial solution.

As the committee concluded the hearing, Zolnikoff framed the bill as a creative approach to not only offer summer entertainment but also deliver meaningful financial relief to Montanans. The committee's discussions reflect a growing urgency to address property tax concerns, with House Bill 893 positioned as a potential solution in the ongoing legislative session.