MT HB108

Eliminates the requirement for the Department of Revenue to prepare a supplemental valuation manual for agricultural implements and machinery not listed in official national appraisal guides

Requires agricultural implements and machinery to be valued using the average wholesale value from published national valuation guides specific to Montana or a region including Montana

Department of Revenue must adopt valuation guides by rule; if average wholesale value is unavailable, a comparable wholesale value category must be used

Amends Section 15-8-111 of the Montana Code Annotated regarding property appraisal and market value standards

Applies to tax years beginning after December 31, 2025