Aimed at residences and small businesses. Section 4 City or town councils may create special improvement districts for alternative energy production facilities. Property tax starts at 50 percent of applicable rate for the first five years, then rises to 100 percent by year 10. Section 15 Wind farms with leases on state lands that offer contracts of at least 5 years duration to sell at least 33 percent at cost of production plus 12 percent can claim full state wind tax credits even if they claim federal tax credits. Section 20 Cooperatives may be organized to serve as a supplier or promoter of alternative energy and conservation programs.
Local governments can issue bonds under that act.
2001 Legislature Energy and utility deregulation were hot topics at the 2001session of the Montana Legislature. The Montana Legislature website offers multiple pathways to information, including topical links, organizational links, and searches. Or look up bill information .