Senate Bill No. 133
Introduced By swysgood
A Bill for an Act entitled: An Act continuing the authority for the tax levy for the support of the Montana university system for 10 years; providing that the proposed authority be submitted to the electors of Montana; amending section
20-25-423, MCA; and providing effective dates.
Be it enacted by the Legislature of the State of Montana:
Section 1. Section 20-25-423, MCA, is amended to read:
"20-25-423. State tax levy -- support of public education institutions. The legislature shall levy a property tax of not
more than 6 mills on the taxable value of all real and personal property each year for 10 years beginning with the year
1999. All revenue from this property tax levy shall must be appropriated for the support, maintenance, and improvement of
the Montana university system."
Section 2. Submission to electorate. The question of whether section 1 will become effective shall be submitted to the qualified electors of Montana at the general election to be held in November 1998 by printing on the ballot the full title of this act and the following:
 FOR giving the legislature authority to levy up to 6 mills for the support of the Montana university system.
 AGAINST giving the legislature authority to levy up to 6 mills for the support of the Montana university system.
Section 3. Effective dates. (1) Section 2 and this section are effective on passage and approval.
(2) If approved by the electorate, section 1 is effective January 1, 1999.