Montana § 15-6-159 Class Sixteen Property -- Description -- Taxable Percentage

Montana Statutes

§ 15-6-159 — Class Sixteen Property -- Description -- Taxable Percentage

Montana § 15-6-159

Title 15TAXATION

Ch. 6PROPERTY SUBJECT TO TAXATION

Part 1Classification

This text of Montana § 15-6-159 (Class Sixteen 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. § 15-6-159 (2026).

Text

15-6-159 . Class sixteen property -- description -- taxable percentage.

(1)Class sixteen property includes high-voltage direct-current converter stations that are constructed in a location and manner so that the converter station can direct power to two different regional power grids.

(2)Class sixteen property does not include property described in subsection (1) for which the standard prevailing rate of wages for heavy construction, as provided in 18-2-414 , was not paid during the construction phase.

(3)(a) The department shall determine whether to certify that the property meets the criteria of subsection (1).

(b)If the department finds that a certification previously granted was based on an application that the applicant knew was false or fraudulent, the property must be placed in

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15-6-159 . Class sixteen property -- description -- taxable percentage. (1) Class sixteen property includes high-voltage direct-current converter stations that are constructed in a location and manner so that the converter station can direct power to two different regional power grids.
(2) Class sixteen property does not include property described in subsection (1) for which the standard prevailing rate of wages for heavy construction, as provided in 18-2-414 , was not paid during the construction phase.
(3) (a) The department shall determine whether to certify that the property meets the criteria of subsection (1).
(b) If the department finds that a certification previously granted was based on an application that the applicant knew was false or fraudulent, the property must be placed in class nine under 15-6-141 . If the application was fraudulent, the applicant may be liable for additional taxes, penalty, and interest from the time that the certification was in effect.
(4) Class sixteen property is taxed at 2.25% of its market value.