HB915

Montana HB915 revises the taxation of wind generation facilities, moving them from class fourteen to class thirteen.

Montana HB915 revises the taxation of certain wind generation facilities by moving them from class fourteen to class thirteen. This bill amends the definitions and classifications of various types of property, including wind generation facilities, energy storage facilities, and fiber optic or coaxial cable. Wind generation facilities are now taxed at 6% of their market value under class thirteen property. The bill also includes provisions for the exemption of fiber optic or coaxial cable from taxation for a period of five years, with a phase-out schedule.