§ 1-196. Taxes included in exemption.  


Latest version.
  • Exemptions granted pursuant to this division shall be from the municipal ad valorem taxes designated in MCA § 17-21-5(2), as amended, which specifically prohibits exemption from ad valorem taxes for school purposes. Exemptions may not be granted for taxes previously pledged pursuant to any tax increment finance plan and associated TIF bonds.

(Ord. No. 2702, § 3(art. V, § 5.1), 10-5-10)