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2008 Ballot Issue LR-118
The 2007 Legislature submitted this proposal for a vote. This proposal asks Montana voters to continue the 6-mill levy to support the university system. Without voter approval, the current 6 mill levy to support the university system will expire in January 2009. If passed, this proposal would be effective on January 1, 2009 and terminate January 1, 2019.
According to 2009 revenue estimates, the projected annual revenue from the 6-mill levy is $12,505,000 for 2007 and is estimated to grow at an average growth rate of 3.36% each year through tax year 2018.
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Ballot Language of Legislative Referendum No. 118
AN ACT REFERRED BY THE LEGISLATURE
| AN ACT SUBMITTING A 6-MILL LEVY FOR SUPPORT OF THE MONTANA UNIVERSITY SYSTEM TO THE ELECTORATE; AND PROVIDING EFFECTIVE DATES AND A TERMINATION DATE.
The 2007 Legislature submitted this proposal for a vote. This proposal asks Montana voters to continue the 6-mill levy to support the university system. Without voter approval, the current 6 mill levy to support the university system will expire in January 2009. If passed, this proposal would be effective on January 1, 2009 and terminate January 1, 2019.
According to 2009 revenue estimates, the projected annual revenue from the 6-mill levy is $12,505,000 for 2007 and is estimated to grow at an average growth rate of 3.36% each year through tax year 2018.
[ ] FOR imposing a levy of 6 mills for the support of the Montana university system.
[ ] AGAINST imposing a levy of 6 mills for the support of the Montana university system.
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If you have questions about ballot issues, contact the Elections Bureau at (406) 444-5346, email soselection@mt.gov, or call the Secretary of State's toll-free voter hotline toll-free at 1-888-884-VOTE (8683).
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