montana undeveloped land

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Two other tax measures shared the ballot: CI-28, which froze a property''s tax valuation until it was sold; and Referendum montana 112, which repealed a flat corporate undeveloped tax and a $40 million income tax increase.The three constitutional initiatives lost (CI-66, 47-53 percent; CI-67, 49-51 percent; CI-28, 41-59 percent). The repeal of the flat tax/income land tax increase won, montana 25-75 undeveloped percent.

That''s a big increase. If the 2001 yield estimate land of 1,000 pounds an acre were used this year, the final payment would have been only $1.19 an acre.Hammond says the new montana estimate of losses "came a lot closer to FSA figures." For 2002, RMA didn''t calculate undeveloped rangeland production by using hay land from abandoned grain crop acres or CRP land. Some studies show this new formula would be a sound insurance business if premium montana rates were raised just 25%--to about 13 [cents] an acre on the undeveloped Hammond ranch.

The reason is cost, says one congressional staffer. The federal government spends land about $3 billion a year on existing insurance. As budgets tighten, the priority will remain corn and soybeans, he says. "Rangeland insurance is something montana and undeveloped the Western states are pushing land for, but on a national scale, I don''t see it as a huge priority."

Look here - Find Montana Real Estate right here! Looking for a new home, or trying to sell a home in Montana? We're the site your looking for. We've got Montana Real Estate listings in almost every Montana city.

montana undeveloped land

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