M. All farm machinery used exclusively in production of hay and field crops to the aggregate actual market value not exceeding $10,000, excluding motor vehicles. Motor vehicle shall mean any self-propelled vehicle;

N. Water pollution control facilities and air pollution control facilities as defined in section 656, subsection 1, paragraph E.;

O. All beehives;

P. All items of individually owned personal property with a just value of less than $1,000, except:

(1) Items used for industrial or commercial purposes; and

(2) Vehicles and camp trailers as defined in section 1481 not subject to an excise tax; and

S. Mining property as provided in section 2854.; and

T.__Trail-grooming equipment registered under Title 12, section 13113.

Sec. 2. Appropriations and allocations. The following appropriations and allocations are made.

ADMINISTRATIVE AND FINANCIAL SERVICES, DEPARTMENT OF

Snow Grooming Property Tax Exemption Reimbursement (new)

Initiative: Provides funds to reimburse municipalities 50% of the property tax revenue loss as a result of the exemption for snow grooming equipment registered with the Department of Inland Fisheries and Wildlife.

GENERAL FUND 2005-06 2006-07

All Other $0 $18,565

__________ __________

GENERAL FUND TOTAL $0 $18,565

Sec. 3. Retroactivity. This Act applies retroactively for purposes of determining the taxable status of property on or after April 1, 2006.