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Stay informed on the latest Montana tax legislations impacting energy sector, including significant reductions and exemptions. Contact Larry N. Smith for more details.
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Montana Horizontal Well Update Larry N. Smith Montana Bureau of Mines and Geology Montana Tech – Butte, MT lsmith@mbmgsun.mtech.edu
Tax Change Highlights http://leg.state.mt.us/index.htm • SB 200 • Reduce or Eliminate Property Tax on Class 6 and Class 8 Property • SB 249 • Cap Resource Indemnity Trust Tax Fund and repeal RIGWAT • SB 430 • Exempt Fee for Royalty Payment Admin. from Production Tax • SB 530 • Oil & Gas Production Tax Simplification and Competitiveness • HB 661 and HB 658 • Tax Reductions on Stripper Wells