Legislative Fiscal Report : Presented to the ... Legislature 2009 Vol 1

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House Bill 4 - Affected general fund revenue source: "All Other". The legislation stipulates that all proceeds from the sale of the National Guard armory in Missoula are to be deposited to the general fund. Since the legislation appropriates up to $3.5 million of the proceeds to the Department of Military Affairs in FY 2007, general fund revenue is assumed to increase by the same amount in FY 2007. The legislation is effective on passage and approval.
House Bill 9 - Affected general fund revenu
...e source: "Individual Income Tax". The legislation provides a property tax rebate up to $400 to qualified Montana homeowners on their primary residence in which they resided at least seven months during 2006. Homeowners are eligible for the full $400 if they paid at least $400 in property taxes in tax years 2004, 2005 and 2006. Homeowners are eligible for the actual amount of property taxes paid in these three years if the total is less than $400. The fiscal note states that there are 254,458 households qualifying for the full $400 rebate of which 97 percent will claim the rebate for a cost of $98,729,704.

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