2007 Montana Legislature

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SENATE BILL NO. 16

INTRODUCED BY B. HAWKS

BY REQUEST OF THE EDUCATION AND LOCAL GOVERNMENT INTERIM COMMITTEE


AN ACT SUBMITTING A 6-MILL LEVY FOR SUPPORT OF THE MONTANA UNIVERSITY SYSTEM TO THE ELECTORATE; AND PROVIDING EFFECTIVE DATES AND A TERMINATION DATE.

 

AN ACT SUBMITTING A 6-MILL LEVY FOR SUPPORT OF THE MONTANA UNIVERSITY SYSTEM TO THE ELECTORATE; AND PROVIDING EFFECTIVE DATES AND A TERMINATION DATE.

 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MONTANA:

 

     Section 1.  Tax levy for university system. There is levied upon the taxable value of all real estate and personal property subject to taxation in the state of Montana 6 mills for the support, maintenance, and improvement of the Montana university system. The funds raised from the levy must be deposited in the state special revenue fund.

 

     Section 2.  Codification instruction. Section 1 is intended to be codified as an integral part of Title 15, chapter 10, part 1, and the provisions of Title 15, chapter 10, part 1, apply to section 1.

 

     Section 3.  Effective dates. (1) Except as provided in subsection (2), this act is effective upon approval by the electorate.

     (2) If approved by the electorate, section 1 is effective January 1, 2009.

 

     Section 4.  Termination. Section 1 terminates January 1, 2019.

 

     Section 5.  Submission to electorate. This act shall be submitted to the qualified electors of Montana at the general election to be held in November 2008 by printing on the ballot the full title of this act and the following:

     []       FOR imposing a levy of 6 mills for the support of the Montana university system.

     []       AGAINST imposing a levy of 6 mills for the support of the Montana university system.

- END -

 


Latest Version of SB 16 (SB0016.ENR)
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