1999 Montana Legislature

UNAPPROVED DRAFT BILL -- Subject to Change Without Notice!

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BILL NO.

INTRODUCED BY

(Primary Sponsor)BY REQUEST OF THE DEPARTMENT OF TRANSPORTATION



A BILL FOR AN ACT ENTITLED: "AN ACT REQUIRING THE STATE TREASURER TO DEPOSIT THE AIRLINE PROPERTY TAX PROCEEDS IN THE WEST YELLOWSTONE AIRPORT PROPRIETARY FUND; AND AMENDING SECTION 67-1-303, MCA."



BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MONTANA:



     Section 1.  Section 67-1-303, MCA, is amended to read:

     "67-1-303.  Airline property tax -- state airports. (1) Within 30 days of receipt, the county treasurer shall transmit to the state treasury 90% of the property tax collected on property of airline companies by reason of a state airport being located in the county.

     (2)  The state treasurer shall place the money in the state special revenue fund to the credit West Yellowstone airport proprietary fund of the department of transportation for the purposes provided for in 67-1-301(4)(a)(i) purpose of operating the West Yellowstone airport."

- END -




Latest Version of LC 174 (LC0174.01)
Processed for the Web on November 23, 1998 (8:22AM)

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