New Industrial Property Tax Credit (Montana)
Last modified on February 12, 2015.
|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|
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.
|Department||Montana Department of Revenue|
Authorities (Please contact the if there are any file problems.)
|Authority 1:||15-6-135 MCA|