Rule 42.4.301 - DEFINITIONSThe following definitions apply to this subchapter:
(1) "Amenities" mean items or conditions that enhance the pleasantness or desirability of rental or retirement homes, or contribute to the enjoyment of the occupants, rather than their indispensable needs. Amenities also includes services unrelated to the occupation of a dwelling and provided by personnel, including but not limited to meals, housekeeping, transportation, assisted living, or nursing care.(2) "Gross household income" means the same as the term defined in 15-30-2337, MCA, and includes: (a) all capital gains income transactions less return of capital;(b) federal refundable tax credits received; and(c) any state refundable tax credits received, including elderly homeowner/renter credit refunds;(d) all federal taxable and nontaxable pension, annuity, and IRA payments received during the year;(e) qualified charitable distributions under IRC § 408(d)(8); and(f) conversion from a traditional IRA to Roth IRA under IRC § 408A(d)(3).(3) "Land surrounding the eligible residence for the elderly homeowner/renter credit" means the one- acre farmstead or acre associated with the primary residence. If the one-acre farmstead or acre associated with the primary residence is not separately identified on the tax bill or assessment notice from the other acreage, divide the total number of acres into one; multiply the result by the amount of property tax paid on the land; and add this amount to the property tax on the dwelling.(4) "Rent" means the amount of money charged to a tenant to occupy a dwelling. Rent does not include amenities.NEW, 2004 MAR p. 1965, Eff. 8/20/04; AMD, 2010 MAR p. 1211, Eff. 5/14/10; AMD, 2013 MAR p. 1450, Eff. 8/9/13; AMD, 2017 MAR p. 2092, Eff. 11/10/2017; AMD, 2024 MAR p. 2162, Eff. 9/7/2024AUTH: 15-30-2620, MCA; IMP: 15-30-2337, 15-30-2338, 15-30-2340, MCA