Revise commercial property assessed capital enhancement program laws
This bill amends Montana laws to allow local governments to create programs that help commercial property owners finance improvements for energy efficiency and public safety. Under the new provisions, local governments can enter into contracts with property owners to pay for projects like better insulation, renewable energy systems, or structural upgrades that improve a building's ability to withstand disasters or power outages. The costs for these projects would be repaid through special assessments on the property rather than through traditional loans or grants. The bill defines eligible projects to include energy-saving measures, stormwater control, and specific firearm storage infrastructure, while clarifying that the financing must come from a third party.
Bill status
introduced
1 of 4 stages cleared
Introduction
Nov 2024
Committee Review
Floor Vote
Governor
Introduced Nov 4, 2024
Last action Feb 22, 2025
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0 primary · 0 co-sponsors
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