MT SB102

Caps annual revenue growth from state school equalization mills and vocational-technical education levies at 3% above the prior year's collection amount

Eliminates the authority to carry forward unused mill levy capacity for state education levies imposed under sections 20-9-331, 20-9-333, 20-9-360, and 20-25-439

Requires the Department of Revenue to calculate statewide mill levies in tenths of mills, rounding up if the calculation does not result in an even tenth

Applies to property tax years beginning after December 31, 2025