Will a court invalidate Montana's new property tax rates?
·PoliticsIf any Montana state district court or the Montana Supreme Court holds or declares Senate Bill 542 (2025) unconstitutional and void — in its entirety or at least as to its graduated class four property tax rates — in Hertz v. State of Montana, any appeal of that action, or any other Montana action challenging Senate Bill 542's constitutionality before Mar 1, 2027, then the market resolves to Yes.
The ruling must: Be issued by any Montana state district court or the Montana Supreme Court in Hertz v. State of Montana, any appeal of that action, or any other Montana action challenging Senate Bill 542's constitutionality Address the matter described by the specified judgment Be issued through a written order, opinion, judgment, or decision The following do NOT satisfy the Payout Criterion: Oral rulings from the bench unless reduced to a written order Tentative rulings that are not made final Draft opinions that leak but are not officially issued Settlements or voluntary dismissals Administrative or scheduling orders Orders to show cause Minute orders that do not address the substantive issue in the specified judgment For clarity: If the case is dismissed for lack of jurisdiction, that counts as a ruling only if the judgment refers to jurisdiction Sua sponte rulings count if they match the specified judgment Per curiam opinions and summary orders count as rulings If multiple judges issue separate opinions, the majority/plurality opinion controls
