15-1-120. Policy and purpose. (1) The purpose of Chapter 574, Laws of 2001, is to establish a financial partnership between state and local governments.
(2) This partnership is founded on trust and is committed to protecting and promoting the financial interests of cities, towns, counties, local schools, special districts, and state government.
(3) Local governments agree to relinquish dedicated revenue in exchange for an entitlement share of the state general fund based on a formula that responds to the performance of the Montana economy.
(4) The legislature agrees to fund the entitlement share in accordance with the provisions of 15-1-121.
History: En. Sec. 251, Ch. 574, L. 2001.
Structure Montana Code Annotated
15-1-103. Disposal of tax records -- procedure
15-1-104. Treasurers to destroy certain tax records
15-1-106. Federal tax return information
15-1-108. Prohibition on sales -- restrictions on certain disclosures and uses
15-1-109. Prohibition on tax return preparation services -- filing electronic returns
15-1-110. Rulemaking authority
15-1-114. and 15-1-115 reserved
15-1-116. Manufactured home considered as improvement to real property -- requirements
15-1-118. Reversal of declaration that manufactured home is real property
15-1-119. Classification of mobile home, manufactured home, or housetrailer -- property records
15-1-121. Entitlement share payment -- purpose -- appropriation