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Clean and Green Property Tax Incentives (Montana)
DSIRE/LstUpdt September 15, 2014  +
EZFeed/Relevant Yes  +
Incentive/Active true  +
Incentive/AddlPlaceSelector State-Level  +
Incentive/AddlPlaceStateLevel Montana  +
Incentive/ApplDsc Commercial  + , Fuel Distributor  + , Investor-Owned Utility  + , Municipal/Public Utility  + , Retail Supplier  + , Rural Electric Cooperative  + , Systems Integrator  + , Utility  +
Incentive/Auth2Code 15-6-158  +
Incentive/Auth2Link http://leg.mt.gov/bills/mca/15/6/15-6-158.htm  +
Incentive/Auth3Code 15-24-3101  +
Incentive/Auth3Link http://leg.mt.gov/bills/mca/15/24/15-24-3101.htm  +
Incentive/AuthCode 15-6-157  +
Incentive/AuthLink http://leg.mt.gov/bills/mca/15/6/15-6-157.htm  +
Incentive/ContDept Montana Department of Environmental Quality  +
Incentive/ContEmail pcartwright@mt.gov  +
Incentive/ContName Paul Cartwright  +
Incentive/ContPhone 406-841-5234  +
Incentive/ContWebsite http://deq.mt.gov/Energy/PropertyTaxIncentives.mcpx  +
Incentive/DsireLstSubModSummaryUpdt September 15, 2014  +
Incentive/ImplSector State/Province  +
Incentive/Name Clean and Green Property Tax Incentives  +
Incentive/PolicyType Financial Incentive  +
Incentive/ProgAdmin Montana Department of Environmental Quality  +
Incentive/StartDate 2007  +
Incentive/StartDateString 2007  +
Incentive/Summary In 2007, the Montana Legislature passed Ho
In 2007, the Montana Legislature passed House Bill 3 (May special session) that established property tax incentives to encourage energy projects with less environmental impact than conventional facilities. The “Clean and Green” incentives come in three forms. First, certain facilities and equipment can be classified as either Class 14 or Class 15 Property (15-6-157 and 15-6-158, MCA). These classes are taxed at 3 percent of market value; previously, these facilities may have been taxed at a higher percent of their market value. To qualify for the 3% tax rate, the standard prevailing wages for heavy construction must be paid during construction and some other qualifications may also apply. Second, high-voltage direct-current converter stations that are constructed in a location and manner so that the station can direct power to two different regional power grids can be classified as Class 16 property. Class 16 property is taxed at 2.25 percent of market value. Third, a subset of Class 14, 15, and 16 properties are eligible for a property tax abatement of 50 percent for up to 19 years (15-24-3101 et seq. MCA). This abatement applies to all mills levied against the qualifying facility or equipment. For qualifying clean advanced coal research and development equipment or for renewable energy research and development equipment, only the first $1 million of the value receives the abatement. The Montana Department of Environmental Quality must certify that certain transmission lines, carbon dioxide pipelines and liquid fuel pipelines qualify as Class 14 or 15 property. The Department also certifies any facility or equipment seeking the property tax abatement. A taxpayer starts the process by filling out the appropriate application. Projects eligible for these property tax classifications and abatements are likely to have unique characteristics, so a follow-up interview or inspection may be necessary.
interview or inspection may be necessary.  +
Incentive/TechDsc Biomass/Biogas + , Coal with CCS + , Concentrating Solar Power + , Energy Storage + , Fuel Cells + , Geothermal Electric + , Hydroelectric energy + , Hydroelectric (Small) + , Natural Gas + , Nuclear + , Solar Photovoltaics + , Wind energy +
Incentive/Type Property Tax Incentive +
Incentive/Website http://deq.mt.gov/Energy/PropertyTaxIncentives.mcpx  +
OpenEI/PageDescription Clean and Green Property Tax Incentives: energy incentive program.  +
OpenEI/PageKeyword Energy Incentives  + , Montana  + , Property Tax Incentive  + , Montana Department of Environmental Quality  +
Place Montana: Energy Resources +
Categories EZFeed Policies , Incentive with Contacts , Incentive with Authorities
Modification date
"Modification date" is a predefined property that corresponds to the date of the last modification of a subject and is provided by Semantic MediaWiki.
02:03:31, 13 February 2015  +
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Lower Property Tax Rates for Transmission Lines Carrying Renewable Energy (Montana) + redirect page
 
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