Senate Bill No. 211

Introduced By devlin, harp, foster, van valkenburg, crippen, grosfield, aklestad

A Bill for an Act entitled: "An Act submitting to the qualified electors of Montana an amendment to Article VIII, section 3, of the Montana Constitution to allow equalization of property values for property tax purposes to be based on classification and on acquisition values, to limit increases in valuation THE VALUE of property IN ANY CLASS, if AS provided by law, to 2 percent a year for property tax purposes, and to allow any increase because of periodic reappraisal to be phased in over the course of a reappraisal cycle; and providing an effective date."

Be it enacted by the Legislature of the State of Montana: