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Mont. Code Ann. § 15-6-502

Legislative purpose

Known as the Senior Care Facilities and Housing Development Exemption Act

The act spans §§ 15-6-501 to 15-6-508 (8 sections).

En

The legislature finds and declares that there is a shortage in this state of decent, safe, and sanitary, senior care and housing facilities that is affordable for all seniors. To alleviate the high cost of facilities and housing for all seniors, the legislature believes it is essential that property tax incentives be made available to tax-exempt organizations that assist senior Montanans in meeting critical housing needs.

Official source: Montana Code Annotated (Montana Legislature). Reproduced from public-domain Montana statutes; confirm against the official source for the current text. Not legal advice.