Administrative Rules of Montana › Department 42 - REVENUE › Chapter 42.20 - REAL PROPERTY › Subchapter 42.20.1 - Valuation of Real Property › Rule 42.20.173 - STATUTORY DEADLINES FOR REQUESTS FOR INFORMAL CLASSIFICATION AND APPRAISAL REVIEWS, FORM AB-26

Current through Register Vol. 13, July 5, 2024
(1) The valuation
				cycles for class three, four, and ten property are provided in
				15-7-111, MCA. The department will
				accept Requests for Informal Classification and Appraisal Reviews, Form AB-26,
				for both years of the two-year valuation cycle for class three and four
				property and for all six years of the valuation cycle for class ten property.
(2) Class three and four property
				taxpayers dissatisfied with the department's appraised value of their property
				may submit a Form AB-26 one time per valuation cycle. To be considered for both
				years of the two-year valuation cycle, the Form AB-26 must be submitted to the
				local department field office within 30 days from the date on the
				classification and appraisal notice.
(3) If taxpayers of class three or four
				property miss the 30-day deadline in (2), they may object to the department's
				appraised value of their property for the second year of the valuation cycle by
				submitting a completed Form AB-26 by June 1 of the second year.
(4) Class ten property taxpayers dissatisfied
				with the department's appraised value of their property may submit a Form AB-26
				one time per valuation cycle. To be considered for all years of the six-year
				valuation cycle, the Form AB-26 must be submitted to the local department field
				office within 30 days from the date on the classification and appraisal
				notice.
(5) If taxpayers of class
				ten property miss the 30-day deadline in (4), they may object to the
				department's appraised value of their property for any remaining years of the
				six-year valuation cycle by submitting a completed Form AB-26 by June 1 of any
				subsequent year of the valuation cycle.
(6) As provided in
				15-7-102, MCA, taxpayers may also
				request an informal review by checking a box found on their classification and
				appraisal notice and returning the request to the department. For this purpose,
				the department has incorporated the check box request into a detachable coupon
				on the classification and appraisal notice. Upon receipt of the taxpayer's
				returned coupon, the department will mail a Form AB-26 to the taxpayer with a
				cover letter stating the Form AB-26 must be postmarked or hand-delivered to the
				department within 15 business days of the date on the letter or within 30 days
				of the date shown on the taxpayer's classification and appraisal notice,
				whichever is later.
(7) There will
				be no retroactive adjustments to the taxable value for prior years. Any
				adjustments to taxable value will be applied in the tax year for which the Form
				AB-26 was timely filed and for the remaining year(s) of the valuation cycle. If
				the property taxpayer submits a Form AB-26 after June 1 of the last year of the
				valuation cycle, their request shall be deemed untimely with the
				department.
(8) Taxpayers may file
				a Form AB-26 in any year of a valuation cycle, but only one time during the
				cycle, unless a new classification and appraisal notice is generated due to a
				change in property ownership, classification, or value. Taxpayers will then
				have 30 days from the date on the new classification and appraisal notice to
				submit a completed Form AB-26.
(9)
				During the informal review process, department staff may attempt to contact the
				property owner by telephone, email, and/or a property site visit to schedule an
				appointment or request additional documentation. If attempts to contact the
				property owner are unsuccessful, department staff will send a written request
				to the taxpayer who will then have 15 business days from the date on the letter
				to respond. If the taxpayer does not contact the department within the allowed
				15 business days, the department will deny the Form AB-26 and send a
				determination letter to the taxpayer.
AUTH:
					 15-1-201, MCA; IMP:
					 15-7-102,
					 15-7-110,
					 15-7-111,
					 MCA