Montana § 30-20-208 Tax Exemptions For Providing Loans To Manufacturer Of Ammunition Components -- Conditions

Montana Statutes

§ 30-20-208 — Tax Exemptions For Providing Loans To Manufacturer Of Ammunition Components -- Conditions

Montana § 30-20-208

Title 30TRADE AND COMMERCE

Ch. 20FIREARMS AND AMMUNITION MADE IN MONTANA

Part 2Montana Ammunition Availability Act

This text of Montana § 30-20-208 (Tax Exemptions For Providing Loans To Manufacturer Of Ammunition Components -- Conditions) is published on Counsel Stack Legal Research, covering Montana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mont. Code Ann. § 30-20-208 (2026).

Text

30-20-208 . (Temporary) Tax exemptions for providing loans to manufacturer of ammunition components -- conditions.

(1)Subject to subsection (2), a lender or investor that provides loans to a person or entity in this state engaged in the primary business of the manufacture of ammunition components under the provisions of 30-20-207 is exempt from:

(a)individual income taxes as provided in Title 15, chapter 30; and

(b)corporate income or alternative corporate income taxes as provided in Title 15, chapter 31.

(2)The exemption provided for in this section:

(a)does not apply to an employer's share of employee payroll taxes that are used to finance state-mandated programs, including unemployment insurance and workers' compensation; and

(b)may be claimed only for income attributable to provi

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30-20-208 . (Temporary) Tax exemptions for providing loans to manufacturer of ammunition components -- conditions. (1) Subject to subsection (2), a lender or investor that provides loans to a person or entity in this state engaged in the primary business of the manufacture of ammunition components under the provisions of 30-20-207 is exempt from:
(a) individual income taxes as provided in Title 15, chapter 30; and
(b) corporate income or alternative corporate income taxes as provided in Title 15, chapter 31.
(2) The exemption provided for in this section:
(a) does not apply to an employer's share of employee payroll taxes that are used to finance state-mandated programs, including unemployment insurance and workers' compensation; and
(b) may be claimed only for income attributable to providing a bona fide loan in an arms' length transaction to a manufacturer of ammunition components that satisfies the conditions of 30-20-207 . (Terminates December 31, 2035--sec. 11, Ch. 675, L. 2025.)