Revise property tax rates for certain property

This bill revises Montana's property tax laws to create lower tax rates for owner-occupied residential properties and long-term rentals, while also adjusting rates for certain commercial properties. It establishes specific eligibility requirements, such as requiring owners to live in a principal residence for at least seven months annually and rent out properties for at least 28 days per month over nine months of the year. The legislation includes an automatic qualification process for 2025 and 2026 for properties that previously received tax rebates, with a transition to a formal application system starting in 2027. Property owners must meet current tax payment requirements and can appeal decisions through a designated process outlined in the bill.