New Industrial Property Tax Credit (Montana)
From Open Energy Information
Last modified on February 12, 2015.
EZFeed Policy
| Place | Montana
|
|---|---|
| Name | New Industrial Property Tax Credit (Montana) |
| Policy Category | Financial Incentive |
| Policy Type | Property Tax Incentive |
| Affected Technologies | Biomass/Biogas, Coal with CCS, Concentrating Solar Power, Energy Storage, Fuel Cells, Geothermal Electric, Hydroelectric, Hydroelectric (Small), Natural Gas, Nuclear, Solar Photovoltaics, Wind energy |
| Active Policy | Yes |
| Implementing Sector | State/Province
|
| Primary Website | http://revenue.mt.gov/Portals/9/businesses/TaxIncentives_Relief/businesstax_incentives/PropertyTax_Incentives-Credit.pdf
|
| Last Review | 2014-09-15
|
Summary
Under the New Industrial Property Tax Credit, businesses are eligible for a reduced taxable valuation rate of 3% for the first three years of operation. All real and personal property of the new industry qualify.
Policy Contact
| Department | Montana Department of Revenue
|
|---|---|
| Place | Helena, Montana
|
| Website | http://revenue.mt.gov/ |
Authorities (Please contact the if there are any file problems.)
| Authority 1: | 15-6-135 MCA
|
|---|
References