INTRODUCED
BY D. Zolnikov
By Request of the Department of Revenue
A BILL FOR AN ACT ENTITLED: "AN ACT RESTRICTING ACCESS TO INCOME AND EXPENSE INFORMATION PROVIDED TO THE DEPARTMENT OF REVENUE FOR PROPERTY TAX PURPOSES; AND PROVIDING AN IMMEDIATE EFFECTIVE DATE AND AN APPLICABILITY DATE.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MONTANA:
Section 1. Restricted access to income and expense information submitted to department for property tax purposes. All income and expense information furnished by a property owner or a property owner's agent to the department for property tax purposes, including but not limited to the department performing an income approach to valuation or determining a property owner's income as disclosed in an application for a property tax assistance program provided for in Title 15, chapter 6, part 3, is confidential and must be treated as provided in 15-30-2618 and 15-31-511.
Section 2. Codification instruction. [Section 1] is intended to be codified as an integral part of Title 15, chapter 8, part 1, and the provisions of Title 15, chapter 8, part 1, apply to [section 1].
Section 3. Effective date. [This act] is effective on passage and approval.
Section 4. Applicability. [This act] applies to income and expense information furnished by a property owner or a property owner's agent on or after [the effective date of this act].