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Bill clarifies two-year reappraisal cycle for locally assessed property
Summary
HB90 would clarify that all locally assessed real property in Montana is valued on a two-year reappraisal cycle; department and industry supporters said the change formalizes existing practice and reduces disputes.
House Bill 90 would amend Montana Code Annotated 15-7-111 to clarify that all locally assessed real property is valued on a two-year reappraisal cycle, sponsors and proponents told the House Taxation Committee.
Sponsor Representative Russ Minor said the bill "clarifies that all locally assessed real property is valued on a 2 year reappraisal cycle" and that the measure applies only to locally…
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