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Code · Montana · Title 15 — Taxation · Chapter 30 · Part 23

15-30-2338. Residential property tax credit for elderly -- eligibility -- disallowance or adjustment.

206 words·~1 min read·/mt/title-15/chapter-30/part-23/15-30-2338·

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15-30-2338 . Residential property tax credit for elderly -- eligibility -- disallowance or adjustment.
(1)In order to be eligible to make a claim under 15-30-2337 through 15-30-2341 , an individual:
(a)must have reached age 62 or older during the claim period for which relief is sought;
(b)must have resided in Montana for at least 9 months of that period;
(c)must have occupied one or more dwellings in Montana as an owner, renter, or lessee for at least 6 months of the claim period; and
(d)must have less than $45,000 of gross household income.
(2)A person is not disqualified as a claimant if the person changes residences during the claim period, provided that the person occupies one or more dwellings in Montana as an owner, renter, or lessee for at least 6 months during the claim period.
(3)A claim is disallowed if the department finds that the claimant received title to the claimant's homestead primarily for the purpose of receiving benefits under 15-30-2337 through 15-30-2341 .
(4)When the landlord and tenant have not dealt at arm's length and the department judges the gross rent charged to be excessive, the department may adjust the gross rent to a reasonable amount.
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