Montana § 7-6-1507 - Resort Community Tax -- Property Tax Relief
Full text of Montana Montana Code Annotated § 7-6-1507 — Resort Community Tax -- Property Tax Relief, with citation guidance and answers to common questions.
§ 7-6-1507. Resort Community Tax -- Property Tax Relief
Resort community tax -- property tax relief. (1) Annually anticipated receipts from the resort tax must be applied to reduce the municipal property tax levy for the fiscal year in an amount equal to at least 5% of the resort tax revenues derived during the preceding fiscal year. (2) A resort community that received more resort tax revenues than had been included in the annual municipal budget shall establish a municipal property tax relief fund. All resort tax revenues received in excess of the budget amount must be placed in the fund. The entire fund must be used to replace municipal property taxes in the ensuing fiscal year.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 7-6-1507
What does Montana Code Annotated § 7-6-1507 cover?
Section 7-6-1507 ("Resort Community Tax -- Property Tax Relief") is part of the Montana Code Annotated, the codified statutory law of Montana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Montana § 7-6-1507?
A common citation format is "Montana Code Annotated § 7-6-1507" (Montana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Montana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Montana official source linked on this page or consult a licensed Montana attorney.
How does Montana § 7-6-1507 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Montana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Montana.