7-15-4464. Authorization for payment of rentals in lieu of taxes. (1) Any housing authority established pursuant to this part and/or the federal government may pay annual sums from rentals in lieu of taxes to any state and/or political subdivision thereof with respect to any real property, including improvements thereon, owned or held by either such housing authority or the federal government.
(2) The amount so paid for any year upon such property shall not exceed the taxes which would be paid to the state and/or subdivision thereof, as the case may be, upon such property if it were not exempt from taxation, with such allowances as may be considered to be appropriate for expenditures by the government for streets, utilities, or other public services to serve such property.
History: En. Sec. 4, Ch. 215, L. 1943; R.C.M. 1947, 35-304.
Structure Montana Code Annotated
Chapter 15. Housing and Construction
Part 44. Municipal Housing Authorities
7-15-4401. Findings and policy
7-15-4403. Petition to create municipal housing authority -- hearing and notice
7-15-4404. Notice of hearing on petition
7-15-4405. Hearing on petition
7-15-4406. Decision of city council
7-15-4407. Criteria for determining if unsafe or unsanitary dwelling accommodations exist
7-15-4408. Voter approval required to create housing authority
7-15-4409. Application for incorporation
7-15-4410. Processing of application by secretary of state
7-15-4411. Effect of filing and recording application
7-15-4412. Presumption of regularity in creation of municipal housing authority
7-15-4413. Boundaries of municipal housing authority
7-15-4414. Problems arising from existence of several overlapping authorities
7-15-4415. Cooperation between housing authorities
7-15-4416. Cooperation among governmental units and housing authorities
7-15-4417. Initial funding of housing authority
7-15-4418. Interim funding of housing authority
7-15-4419. Authority to reimburse municipality for loans
7-15-4420. Procedure to implement certain sections
7-15-4421. Municipal housing authority to be nonprofit
7-15-4422. Authorization to dissolve housing authority
7-15-4423. Resolution to dissolve housing authority
7-15-4424. through 7-15-4430 reserved
7-15-4431. Appointment of commissioners
7-15-4433. Compensation of commissioners
7-15-4435. Control of conflict of interest
7-15-4436. Removal of commissioners
7-15-4437. Right of obligee of authority to request removal of commissioner
7-15-4438. Record of removal proceedings
7-15-4439. Conduct of business
7-15-4440. Certain laws controlling
7-15-4441. through 7-15-4450 reserved
7-15-4451. General powers of housing authority
7-15-4453. Strict compliance with laws and contracts required
7-15-4454. General powers related to housing programs
7-15-4455. Housing projects subject to planning, zoning, and building laws
7-15-4456. Low-rent housing for the elderly
7-15-4457. Federal financial assistance for low-rent housing for the elderly
7-15-4458. Investigatory powers of housing authority
7-15-4459. Availability of housing authority findings and determinations
7-15-4460. Powers of housing authority relating to acquisition and disposition of property
7-15-4461. Acquisition of property by authority for government housing project
7-15-4462. Exercise of power of eminent domain
7-15-4463. Title to property acquired from housing authority subject to agreements with governments
7-15-4464. Authorization for payment of rentals in lieu of taxes
7-15-4465. Payments by housing authorities to local and state bodies
7-15-4466. Special powers and contract provisions when federal government involved