15-24-3101. Policy. It is the policy of the state of Montana that the tax classifications, rates, abatements, and exemptions in 15-6-158, 15-6-159, and this part and amendments made by Chapter 2, Special Laws of May 2007, in 15-6-141 and 15-6-157 are to be strictly limited to new investments that qualify under the standards established in 15-6-158, […]
15-24-3102. Definitions. As used in this part, unless the context requires otherwise, the following definitions apply: (1) ”Biodiesel” has the meaning provided in 15-70-401. (2) ”Biodiesel production facility” means improvements and personal property used for the production and onsite storage of biodiesel. (3) ”Biogas” means methane gas produced through controlled biochemical processes in which bacteria digest animal, municipal, or […]
15-24-3103 through 15-24-3110 reserved.
15-24-3111. Energy production or development — tax abatement — eligibility. (1) A facility listed in subsection (3), clean advanced coal research and development equipment, and renewable energy research and development equipment may qualify for an abatement of property tax liability pursuant to this part. (2) (a) If the abatement is granted for a facility listed in subsection (3), […]
15-24-3112. Certification. (1) (a) Upon application by a taxpayer, the department of environmental quality shall determine whether a facility or equipment qualifies for a tax abatement under 15-24-3111 or rules adopted under 15-24-3116. If the department determines that a facility or equipment qualifies for abatement or a classification, it shall issue a certification of eligibility. (b) An application […]
15-24-3113 through 15-24-3115 reserved.
15-24-3116. Rules. (1) The department of revenue shall adopt rules for the implementation of this part, including the valuation of qualifying property and administration of property certified under 15-24-3112 or classified under 15-6-157 or 15-6-158. (2) The department of environmental quality shall adopt rules necessary for certification, compliance, and revocation of certificates, as provided in 15-24-3112, and […]
