15-6-502. Legislative purpose, MCA

Montana Code Annotated 2025

TITLE 15. TAXATION

CHAPTER 6. PROPERTY SUBJECT TO TAXATION

Part 5. Senior Care Facilities and Housing Development Exemption Act

Legislative Purpose

15-6-502. Legislative purpose. The legislature finds and declares that there is a shortage in this state of decent, safe, and sanitary, senior care and housing facilities that is affordable for all seniors. To alleviate the high cost of facilities and housing for all seniors, the legislature believes it is essential that property tax incentives be made available to tax-exempt organizations that assist senior Montanans in meeting critical housing needs.

History: En. Sec. 2, Ch. 755, L. 2025.