Montana § 15-6-137 Class Seven Property -- Description -- Taxable Percentage

Montana Statutes

§ 15-6-137 — Class Seven Property -- Description -- Taxable Percentage

Montana § 15-6-137

Title 15TAXATION

Ch. 6PROPERTY SUBJECT TO TAXATION

Part 1Classification

This text of Montana § 15-6-137 (Class Seven Property -- Description -- Taxable Percentage) 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. § 15-6-137 (2026).

Text

15-6-137 . Class seven property -- description -- taxable percentage.

(1)Except as provided in subsection (2), class seven property includes:

(a)all property owned by cooperative rural electrical associations that serve less than 95% of the electricity consumers within the incorporated limits of a city or town, except rural electric cooperative properties described in 15-6-141 (1)(c);

(b)electric transformers and meters; electric light and power substation machinery; natural gas measuring and regulating station equipment, meters, and compressor station machinery owned by noncentrally assessed public utilities; and tools used in the repair and maintenance of this property.

(2)Class seven property does not include wind generation facilities, biomass generation facilities, energy storage

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15-6-137 . Class seven property -- description -- taxable percentage. (1) Except as provided in subsection (2), class seven property includes:
(a) all property owned by cooperative rural electrical associations that serve less than 95% of the electricity consumers within the incorporated limits of a city or town, except rural electric cooperative properties described in 15-6-141 (1)(c);
(b) electric transformers and meters; electric light and power substation machinery; natural gas measuring and regulating station equipment, meters, and compressor station machinery owned by noncentrally assessed public utilities; and tools used in the repair and maintenance of this property.
(2) Class seven property does not include wind generation facilities, biomass generation facilities, energy storage facilities classified under 15-6-157 , and property classified under 15-6-163 .
(3) Class seven property is taxed at 8% of its market value.

Legislative History

En. Sec. 7, Ch. 693, L. 1979; amd. Sec. 2, Ch. 330, L. 1981; amd. Sec. 1, Ch. 352, L. 1981; amd. Sec. 61, Ch. 575, L. 1981; amd. Sec. 1, Ch. 576, L. 1989; amd. Sec. 4, Ch. 10, Sp. L. June 1989; amd. Sec. 32, Ch. 505, L. 1997; amd. Sec. 33, Ch. 426, L. 1999; amd. Sec. 4, Ch. 563, L. 2005; amd. Sec. 1, Ch. 357, L. 2009; amd. Sec. 1, Ch. 309, L. 2011; amd. Sec. 3, Ch. 291, L. 2021.