INCENTIVE DESCRIPTION

State: MT
Incentive Type: Property Tax Incentives
Incentive Title: Property Tax Abatements
Description: 1. STATE LEVEL ABATEMENTS A state reduction of the valuation rate to 3% is allowed for new and expanding industries. This reduced taxable evaluation rate is applicable too real and personal property. The benefit applies to equipment, real estate, pollution control equipment, gasohol equipment, electrolytic reduction equipment, and research and development equipment for new and expanding industry equipment and gasohol equipment are for the first three years. All other qualified equipment has no abatement limitation. 2. LOCAL LEVEL ABATEMENTS Local governments may allow an abatement for up to 10 years for new or expanding industries, (value-added) equipment, remodeled commercial structures. The abatement percentage will vary for each of the types of property indicated.
Eligibility Requirements: 1. Must be an eligible new or expanding business as defined under Montana regulations. For all other equipment eligible for exemption listed above, must meet eligibility requirements in accordance with Montana regulations. 2. For all types of exemptions indicated above, must be an eligible business and purchase eligible equipment as defined by Montana regulations.
Geographic Restrictions: Statewide
Granting Authority: State of Montana


The information which you have reviewed is a summary of the benefits and savings which may be available for your company. To receive a more detailed analysis of valuable opportunities for your company, please forward your contact information to Larry Kramer at lkramer@incentisgroup.com

Impotant Legal Information
Information is provided in summary form and should not be considered legal, investing, or other business advice. Its receipt does not create a relationship between Incentis Group and recipient. All information is believed to be accurate at the time of printing but should not be relied upon, and no decisions should be made, without consulting the full text of the applicable statutes and seeking independent counsel. Incentis Group and FastFacility make no representation as to the eligibility of a company or person to receive any incentives.