July 11, 2025 

Agenda – Minutes – Audio / Video

Revenue Estimating and Monitoring

• FY 2025 General Fund Update
• Memo: H.R. 1 Provisions and Impacts to Montana’s Budget (Updated)
  • Memo: H.R. 1 Provisions and Impacts to Montana’s Budget (House Version)

Administrative Matters

• Interim Committee Compensation Explanation
• Rules, Procedures, and Guidelines for Interim Committees
• Presiding Officer History
• Summary of Enacted Tax Legislation

Draft Interim Work Plan

• 2025-2026 Draft Interim Work Plan
• 2025-2026 Draft Work Plan Decision Matrix
• Public Comment
  • Montana Taxpayers Association
  • Kevin Nelson

Agency Monitoring: Montana Tax Appeal Board

• Pending Appeals
• Appeal Totals (2015-2025)
• County Tax Appeal Board Manual

Agency Monitoring: Department of Revenue

• Reappraisal Overview
• 2025 Median Market Values
• Tax Season 2025 Update
• Major Case Update

Implementation of Property Tax Rebate and Revised Tax Rates

• HB 231 & SB 542: Property Tax Changes Summary – Megan Moore
• Property Tax Changes: SB 542 and HB 231 – Department of Revenue
• 2025 Property Tax Project Timeline Summary

Agency Monitoring: Administrative Rule Review

• Overview of Rule Review & July 2025