Montana § 15-6-224 Nonfossil Energy Generation

Montana Statutes

§ 15-6-224 — Nonfossil Energy Generation

Montana·Title 15 TAXATION·Ch. 6 PROPERTY SUBJECT TO TAXATION·Part 2 Tax-Exempt Property

15-6-224 . Nonfossil energy generation. The following portions of the appraised value of a capital investment in a recognized nonfossil form of energy generation or low-emission wood or biomass combustion devices, as defined in 15-32-102 , are exempt from taxation for a period of 10 years following installation of the property:

(1)$20,000 in the case of a single-family residential dwelling;

(2)$100,000 in the case of a multifamily residential dwelling or a nonresidential structure.

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15-6-224 . Nonfossil energy generation. The following portions of the appraised value of a capital investment in a recognized nonfossil form of energy generation or low-emission wood or biomass combustion devices, as defined in 15-32-102 , are exempt from taxation for a period of 10 years following installation of the property:
(1) $20,000 in the case of a single-family residential dwelling;
(2) $100,000 in the case of a multifamily residential dwelling or a nonresidential structure.

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