2008 Ballot Issue LR-118
THE COMPLETE TEXT OF LEGISLATIVE
REFERENDUM NO. 118 (LR-118)
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MONTANA:
1. Tax levy for university system. There is levied
upon the taxable value of all real estate and personal property subject to
taxation in the state of Montana 6 mills for
the support, maintenance, and improvement of the Montana university system. The funds raised
from the levy must be deposited in the state special revenue fund.
2. Codification instruction.
Section 1 is intended to be codified as an integral part of Title 15, chapter
10, part 1, and the provisions of Title 15, chapter 10, part 1, apply to
3. Effective dates. (1)
Except as provided in subsection (2), this act is effective upon approval by
(2) If approved by the
electorate, section 1 is effective January 1, 2009.
4. Termination. Section 1
terminates January 1, 2019.
5. Submission to electorate.
This act shall be submitted to the qualified electors of Montana at the general election to be held
in November 2008 by printing on the ballot the full title of this act and the
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