Montana 2023 Regular Session

Montana House Bill HB830

Introduced
3/14/23  
Refer
3/16/23  
Engrossed
4/4/23  
Refer
4/4/23  
Enrolled
5/3/23  

Caption

Optional alternative property tax payment schedule for primary residences

Impact

The impact of HB 830 is significant as it amends existing regulations under Title 15, Chapter 16 of the Montana Code Annotated. With this legislation, the traditional yearly payment structure is updated to allow for monthly payments, effective for property taxes due after November 30, 2024. This change may lead to increased compliance among taxpayers who might otherwise encounter difficulties in meeting a single payment deadline. It may also serve to alleviate potential penalties and interest associated with late payments, enhancing financial stability for many households.

Summary

House Bill 830 introduces an alternative payment schedule for property taxes in Montana, allowing owners of primary residences to pay their property taxes in seven equal installments. This provision aims to ease the financial burden on homeowners who may struggle with a lump-sum payment. Under this bill, homeowners will have the option to enter into a written agreement with their county treasurer, facilitating the ability to manage tax payments over several months, thus improving accessibility for many residents.

Sentiment

The general sentiment surrounding HB 830 appears to be supportive, especially among homeowners and financial advocates, as it addresses the need for more flexible payment options. Discussions suggest that many view this bill as a proactive step in promoting financial health for homeowners. However, there could be concerns regarding the administrative capacity of county treasurers to handle the implementation of these new payment schedules.

Contention

While the proposal is largely seen as beneficial, some points of contention may arise regarding the administrative implications for counties. The bill allocates $35,000 for system upgrades and e-check systems to support this new payment mechanism, raising questions about the efficiency and readiness of local governments to implement the changes effectively. Additionally, the eligibility criteria for primary residences, as defined in the bill, could lead to discussions about potential exclusions and fair access for all homeowners.

Companion Bills

No companion bills found.

Previously Filed As

MT HB1199

Property Tax Payment Schedule

MT SB90

Redistribute certain state tax revenue to primary residence property tax relief

MT HB390

Provide for homestead exemption for primary residences

MT HB515

Revise property tax payment procedures

MT HB956

Revise property tax payment procedure for delinquent taxes

MT HB1586

The primary residence credit, setoff of income tax refunds for payment of delinquent real property and special assessment taxes, and eliminating foreclosure of tax liens for primary residential property; to provide an effective date; to provide an expiration date; and to declare an emergency.

MT ACR42

Freezes property taxes on primary residences of homeowners 65 years of age and over.

MT ACR37

Freezes property taxes on primary residences of homeowners 65 years of age and over.

MT HB1325

Primary Care Alternative Payment Models

MT HB280

Providing for circuit breaker income tax credit for property taxes paid

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