Montana § 15-6-407 Refund For Failure To Claim Homestead Reduced Tax Rate -- Statutory Appropriation

Montana Statutes

§ 15-6-407 — Refund For Failure To Claim Homestead Reduced Tax Rate -- Statutory Appropriation

Montana § 15-6-407

Title 15TAXATION

Ch. 6PROPERTY SUBJECT TO TAXATION

Part 4Homestead and Long-Term Rental Rate Reduction

This text of Montana § 15-6-407 (Refund For Failure To Claim Homestead Reduced Tax Rate -- Statutory Appropriation) 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. § 15-6-407 (2026).

Text

15-6-407 . (Effective January 1, 2026) Refund for failure to claim homestead reduced tax rate -- statutory appropriation.

(1)A property owner who was eligible for the homestead reduced tax rate provided for in 15-6-405 , but who failed to file an application to claim the homestead reduced tax rate may receive a refund as provided in this section.

(2)To claim a refund under this section, a property owner shall file an informal appeal with the department of revenue by May 31 of the year after the property owner did not receive the homestead reduced tax rate. The refund may only be claimed for 1 year.

(3)If the department determines the property owner is eligible for a refund under this section, the department shall calculate the difference between property taxes paid and property taxes th

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15-6-407 . (Effective January 1, 2026) Refund for failure to claim homestead reduced tax rate -- statutory appropriation. (1) A property owner who was eligible for the homestead reduced tax rate provided for in 15-6-405 , but who failed to file an application to claim the homestead reduced tax rate may receive a refund as provided in this section.
(2) To claim a refund under this section, a property owner shall file an informal appeal with the department of revenue by May 31 of the year after the property owner did not receive the homestead reduced tax rate. The refund may only be claimed for 1 year.
(3) If the department determines the property owner is eligible for a refund under this section, the department shall calculate the difference between property taxes paid and property taxes that would have been due if the property owner received the homestead reduced tax rate in the prior year.
(4) The department shall issue a refund to the property owner of the amount calculated pursuant to subsection (3).
(5) The payment of property tax refunds under this section is statutorily appropriated, as provided in 17-7-502 , from the general fund to the department of revenue for distribution to taxpayers.