MT HB89

Establishes a 2-year deadline for taxpayers to file claims for property tax adjustments when property is destroyed by a natural disaster

Applies to real property improvements, trailers, mobile homes, and personal property rendered unsuitable for previous use by fire, flood, earthquake, or wind

Property taxes are prorated based on the number of days the property existed before destruction versus days remaining in the year after destruction

Taxpayers who replace destroyed personal property in the same tax year must notify the department within 30 days or face penalties

Takes effect immediately upon passage and approval