Montana § 90-5-112 Economic Development Levy

Montana Statutes

§ 90-5-112 — Economic Development Levy

Montana § 90-5-112

Title 90PLANNING, RESEARCH, AND DEVELOPMENT

Ch. 5SECONDARY INDUSTRY AND COMMERCIAL DEVELOPMENT

Part 1Industrial Development Projects

This text of Montana § 90-5-112 (Economic Development Levy) is published on Counsel Stack Legal Research, covering Montana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mont. Code Ann. § 90-5-112 (2026).

Text

90-5-112 . Economic development levy.

(1)Subject to 15-10-420 , the governing body of a city, county, or town is authorized to levy a tax upon the taxable value of all taxable property in the city, county, or town for the purpose of economic development. The governing body may:

(a)submit the question of the mill levy to the qualified voters as provided in 15-10-425 ; or

(b)approve the mill levy by a vote of the governing body.

(2)Funds derived from this levy may be used for purchasing land for industrial parks, constructing buildings to house manufacturing and processing operations, conducting preliminary feasibility studies, promoting economic development opportunities in a particular area, and other activities generally associated with economic development. These funds may not be use

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90-5-112 . Economic development levy. (1) Subject to 15-10-420 , the governing body of a city, county, or town is authorized to levy a tax upon the taxable value of all taxable property in the city, county, or town for the purpose of economic development. The governing body may:
(a) submit the question of the mill levy to the qualified voters as provided in 15-10-425 ; or
(b) approve the mill levy by a vote of the governing body.
(2) Funds derived from this levy may be used for purchasing land for industrial parks, constructing buildings to house manufacturing and processing operations, conducting preliminary feasibility studies, promoting economic development opportunities in a particular area, and other activities generally associated with economic development. These funds may not be used to directly assist an industry's operations by loan or grant or to pay the salary or salary supplements of government employees.
(3) The governing body of the county, city, or town may use the funds derived from this levy to contract with local development companies and other associations or organizations capable of implementing the economic development function.

Legislative History

En. 11-4111 by Sec. 1, Ch. 311, L. 1975; amd. Sec. 32, Ch. 566, L. 1977; R.C.M. 1947, 11-4111; amd. Sec. 2, Ch. 5, Sp. L. June 1989; amd. Sec. 1, Ch. 457, L. 1991; amd. Sec. 1, Ch. 386, L. 1993; amd. Sec. 1, Ch. 279, L. 1995; amd. Sec. 163, Ch. 584, L. 1999; amd. Sec. 33, Ch. 495, L. 2001; amd. Sec. 243, Ch. 574, L. 2001.