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Montana Code Annotated — Title 15 (Taxation)

Mont. Code Ann. § 15-1-409

Exclusion Of Certain Property Subject To Property Tax Protest -- Guaranteed Tax Base -- Tax Refund

Official textleg.mt.gov

15-1-409 .  (Temporary) Exclusion of certain property subject to property tax protest -- guaranteed tax base -- tax refund.

# (1)

A school district that has centrally assessed property subject to pending property tax protests shall, prior to February 1 of each year, elect whether to waive the school district's right to receive its portion of protested taxes under 15-1-402 (5)(b) for the previous year.

# (2)

If the school district elects to waive its right to its portion of the protested taxes under subsection (1), the district's guaranteed tax base aid calculated under 20-9-366 must be determined based on the total taxable value of property in the school district less the taxable value of the centrally assessed property for which a school district waived its right to receive its portion of protested taxes. Upon settlement or other resolution of the protest, the department is responsible for refunding protested taxes or paying any other costs due the protesting taxpayer and retaining any portion of protested taxes that would have been distributed to the school district for each year the school district has elected to waive receiving its portion of the protested taxes.

# (3)

For the purpose of this section, "centrally assessed property" means property that is centrally assessed pursuant to 15-23-101 and industrial property that is assessed annually by the department. (Repealed effective July 1, 2026--sec. 24, Ch. 424, L. 2025, sec. 29, Ch. 424, L. 2025.)

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In this chapter (40 sections)
  1. 15-1-219 · And 15-1-220 Reserved
  2. 15-1-221 · Short Title
  3. 15-1-222 · Taxpayer Bill Of Rights
  4. 15-1-223 · Office Of Taxpayer Assistance
  5. 15-1-224 · Through 15-1-229 Reserved
  6. 15-1-230 · Report On Income Tax Credit To Committee
  7. 15-1-231 · Payment Of Taxes By Credit Card And Other Commercially…
  8. 15-1-232 · Deposit Of Money
  9. 15-1-233 · Electronic Taxpayer Communications -- Rulemaking
  10. 15-1-301 · Investigations By Department
  11. 15-1-302 · Witnesses -- Oaths, Contempt, And Fees
  12. 15-1-303 · Penalty For Refusal To Furnish Information
  13. 15-1-401 · Repealed
  14. 15-1-402 · Payment Of Property Taxes Or Fees Under Protest
  15. 15-1-403 · Repealed
  16. 15-1-404 · Other Remedies Superseded
  17. 15-1-405 · Injunction Not To Be Used To Restrain Enforcement Of Tax
  18. 15-1-406 · Declaratory Judgment
  19. 15-1-407 · Alternative Remedy -- Procedure
  20. 15-1-408 · Alternative Remedy -- Judgment
  21. 15-1-409 · Exclusion Of Certain Property Subject To Property Tax…
  22. 15-1-410 · Through 15-1-420 Reserved
  23. 15-1-421 · Payment Of Taxes By Negotiable Instrument
  24. 15-1-501 · Repealed
  25. 15-1-502 · Repealed
  26. 15-1-503 · Refund Of Overpayment -- Procedure
  27. 15-1-504 · Settlement Of County Treasurer With Department
  28. 15-1-505 · Repealed
  29. 15-1-506 · Repealed
  30. 15-1-507 · Through 15-1-515 Reserved
  31. 15-1-516 · Terminated
  32. 15-1-517 · Through 15-1-520 Reserved
  33. 15-1-521 · Property Valuation Improvement Fund
  34. 15-1-601 · Compact Adopted -- Text
  35. 15-1-602 · Montana Compact Commissioner -- Director Of Revenue
  36. 15-1-603 · Alternate
  37. 15-1-604 · Not Codified
  38. 15-1-701 · Warrant For Distraint
  39. 15-1-702 · Issuance Of Warrant
  40. 15-1-703 · Emergency Issuance Of Warrant
Full table of contents →