reglab/housing_qa huggingface dataset:
MT Code § 15-38-121 (2021)
2021 Montana Code Annotated|Title 15. Taxation|Chapter 38. Resource Indemnity Trust and Ground Water Assessment|Part 1. General Provisions|15-38-121. Certain royalties exempt

  15-38-121. Certain royalties exempt. Exempt from taxation are royalties received by:   (1) an Indian tribe with respect to mineral production pursuant to a lease entered into under the Indian Mineral Leasing Act of 1938, 25 U.S.C. 396a through 396g;   (2) the United States as trustee for individual Indians; and   (3) the United States, the state of Montana, or a county or municipal government.   History: En. Sec. 1, Ch. 536, L. 1989; amd. Sec. 1, Ch. 92, L. 1991; amd. Sec. 35, Ch. 451, L. 1995.
MT Code § 15-38-122 (2021)
2021 Montana Code Annotated|Title 15. Taxation|Chapter 38. Resource Indemnity Trust and Ground Water Assessment|Part 1. General Provisions|15-38-122. through 15-38-124 reserved

  15-38-122 through 15-38-124 reserved.
MT Code § 15-38-125 (2021)
2021 Montana Code Annotated|Title 15. Taxation|Chapter 38. Resource Indemnity Trust and Ground Water Assessment|Part 1. General Provisions|15-38-125. Gross value of product for coal

  15-38-125. Gross value of product for coal. As used in this part when referring to coal, "gross value of product" is determined by multiplying the contract sales price, as defined in 15-35-102, by the tonnage produced.   History: En. Sec. 3, Ch. 520, L. 1991.
MT Code § 15-38-126 (2021)
2021 Montana Code Annotated|Title 15. Taxation|Chapter 38. Resource Indemnity Trust and Ground Water Assessment|Part 1. General Provisions|15-38-126. Gross value of product for talc

  15-38-126. Gross value of product for talc. As used in this part, when referring to talc, "gross value of product" is the gross yield or value of talc as determined in 15-23-515(2).   History: En. Sec. 2, Ch. 531, L. 1989.
MT Code § 15-38-127 (2021)
2021 Montana Code Annotated|Title 15. Taxation|Chapter 38. Resource Indemnity Trust and Ground Water Assessment|Part 1. General Provisions|15-38-127. Gross value of product for vermiculite

  15-38-127. Gross value of product for vermiculite. As used in this part, when referring to vermiculite, "gross value of product" is the gross yield or value of vermiculite as determined in 15-23-516(2).   History: En. Sec. 2, Ch. 695, L. 1991.
MT Code § 15-38-128 (2021)
2021 Montana Code Annotated|Title 15. Taxation|Chapter 38. Resource Indemnity Trust and Ground Water Assessment|Part 1. General Provisions|15-38-128. Gross value of product for limestone

  15-38-128. Gross value of product for limestone. As used in this part, when referring to limestone, "gross value of product" is the gross yield or value as determined in 15-23-517(2).   History: En. Sec. 2, Ch. 506, L. 1993.
MT Code § 15-38-129 (2021)
2021 Montana Code Annotated|Title 15. Taxation|Chapter 38. Resource Indemnity Trust and Ground Water Assessment|Part 1. General Provisions|15-38-129. Gross value of product for industrial garnets and byproducts

  15-38-129. Gross value of product for industrial garnets and byproducts. As used in this part, when referring to industrial garnets and associated byproducts, "gross value of product" is the gross yield or value as determined in 15-23-518(2).   History: En. Sec. 2, Ch. 397, L. 1995.
MT Code § 15-38-130 (2021)
2021 Montana Code Annotated|Title 15. Taxation|Chapter 38. Resource Indemnity Trust and Ground Water Assessment|Part 1. General Provisions|15-38-130. through 15-38-135 reserved

  15-38-130 through 15-38-135 reserved.
MT Code § 15-38-136 (2021)
2021 Montana Code Annotated|Title 15. Taxation|Chapter 38. Resource Indemnity Trust and Ground Water Assessment|Part 1. General Provisions|15-38-136. Terminated

  15-38-136. Terminated. Sec. 39, Ch. 15, Sp. L. July 1992.   History: En. Sec. 9, Ch. 15, Sp. L. July 1992; amd. Sec. 10, Ch. 455, L. 1993.
MT Code § 15-38-201 (2021)
2021 Montana Code Annotated|Title 15. Taxation|Chapter 38. Resource Indemnity Trust and Ground Water Assessment|Part 2. Resource Indemnity Trust Fund|15-38-201. Creation of resource indemnity trust fund

  15-38-201. Creation of resource indemnity trust fund. For the purpose of carrying out this chapter, there is a resource indemnity trust fund in the amount of $100 million. The resource indemnity trust fund must be credited with all money received as provided in this chapter.   History: En. 84-7004 by Sec. 4, Ch. 497, L. 1973; R.C.M. 1947, 84-7004; amd. Sec. 5, Ch. 281, L. 1983; amd. Sec. 81, Ch. 42, L. 1997; amd. Sec. 1, Ch. 444, L. 1997.
MT Code § 15-38-203 (2021)
2021 Montana Code Annotated|Title 15. Taxation|Chapter 38. Resource Indemnity Trust and Ground Water Assessment|Part 2. Resource Indemnity Trust Fund|15-38-203. Use of funds

  15-38-203. Use of funds. (1) Any funds made available under this chapter must be used and expended to improve the total environment and rectify damage to the environment.   (2) Funding under this chapter must be prioritized so as to maximize the funds available for on-the-ground projects and programs in Montana communities that address the impacts of natural resource development and improve the total environment, while minimizing the use of the funds available under this chapter for the operations of state government.   History: En. 84-7010 by Sec. 10, Ch. 497, L. 1973; R.C.M. 1947, 84-7010; (2)En. Sec. 7, HB 922, L. 1985; amd. Sec. 3, Ch. 444, L. 1997; amd. Sec. 5, Ch. 432, L. 2007.
MT Code § 15-38-302 (2021)
2021 Montana Code Annotated|Title 15. Taxation|Chapter 38. Resource Indemnity Trust and Ground Water Assessment|Part 3. Natural Resources Accounts|15-38-302. Natural resources projects state special revenue account created -- revenue allocated -- limitations on appropriations from account

  15-38-302. Natural resources projects state special revenue account created -- revenue allocated -- limitations on appropriations from account. (1) There is a natural resources projects state special revenue account within the state special revenue fund established in 17-2-102.   (2) There must be paid into the natural resources projects state special revenue account money allocated from:   (a) the interest income of the resource indemnity trust fund under the provisions of 15-38-202;   (b) the resource indemnity and ground water assessment tax under the provisions of 15-38-106;   (c) the oil and natural gas production tax as provided in 15-36-331; and   (d) the excess of the coal severance tax proceeds allocated by 85-1-603 to the renewable resource loan debt service fund above debt service requirements as provided in and subject to the conditions of 85-1-619.   (3) Appropriations may be made from the natural resources projects state special revenue account for grants and loans for designated projects and the activities authorized in 85-1-602 and 90-2-1102.   History: En. Sec. 28, Ch. 432, L. 2007.
MT Code § 15-39-101 (2021)
2021 Montana Code Annotated|Title 15. Taxation|Chapter 39. Taxation of Bentonite|Part 1. General Provisions|15-39-101. Production tax rates imposed on bentonite production

  15-39-101. Production tax rates imposed on bentonite production. (1) The production of bentonite is taxed as provided in this section. The tax is distributed as provided in 15-39-110.   (2) (a) Except as provided in subsection (3), the tax on bentonite is on the gross yield of bentonite produced, measured in tons before crushing and drying, by the owner or operator within the exterior boundaries of an elementary school district. The tax is computed according to the following annual production schedule:   (i) on the first 80,000 tons produced in excess of the amount exempted in subsection (3), $1.56 a ton;   (ii) on the next 150,000 tons produced, $1.50 a ton;   (iii) on the next 250,000 tons produced, $1.40 a ton;   (iv) on the next 500,000 tons produced, $1.25 a ton;   (v) on production in excess of 1 million tons, $1 a ton.   (b) For tax years beginning after December 31, 2009, the dollar amounts referred to in the schedule in subsections (2)(a)(i) through (2)(a)(v) must be adjusted by the department by multiplying each dollar amount by the quotient of the PCE for the first quarter of the year previous to the tax year for which the tax is being calculated, divided by the PCE for the first quarter of the 2009 tax year.   (c) For the purposes of this section:   (i) "PCE" has the meaning provided in 15-23-515; and   (ii) "ton" means 2,000 pounds.   (3) The first 20,000 tons produced in a calendar year are exempt from taxation.   History: En. Sec. 1, Ch. 559, L. 2005.
MT Code § 15-39-103 (2021)
2021 Montana Code Annotated|Title 15. Taxation|Chapter 39. Taxation of Bentonite|Part 1. General Provisions|15-39-103. Taxation of royalties

  15-39-103. Taxation of royalties. All royalty amounts paid or apportioned in kind to royalty owners for which the statement is made under 15-39-102 are taxed at 15% of the amount paid or apportioned in kind to the royalty owner and are paid as provided in 15-39-102.   History: En. Sec. 3, Ch. 559, L. 2005.
MT Code § 15-39-104 (2021)
2021 Montana Code Annotated|Title 15. Taxation|Chapter 39. Taxation of Bentonite|Part 1. General Provisions|15-39-104. Examination of statement -- adjustments -- delivery of notices and demands

  15-39-104. Examination of statement -- adjustments -- delivery of notices and demands. (1) If the department determines that the amount of tax due is different from the amount reported, the amount of tax computed on the basis of the examination conducted pursuant to 15-39-102 constitutes the tax to be paid.   (2) If the tax due exceeds the amount of tax reported as due on the taxpayer's statement, the excess must be paid to the department within 30 days after notice of the amount and demand for payment are mailed or delivered to the person making the statement unless the taxpayer files a timely objection as provided in 15-1-211. If the amount of the tax found due by the department is less than that reported as due on the statement and has been paid, the excess must be credited or, if no tax liability exists or is likely to exist, refunded to the person making the statement.   (3) The notice and demand provided for in this section must contain a statement of the computation of the tax and interest and must be:   (a) sent by mail to the taxpayer at the address given in the taxpayer's statement, if any, or to the taxpayer's last-known address; or   (b) served personally upon the taxpayer.   (4) A taxpayer filing an objection to the demand for payment is subject to and governed by the uniform tax review procedure provided in 15-1-211.   History: En. Sec. 4, Ch. 559, L. 2005.
MT Code § 15-39-105 (2021)
2021 Montana Code Annotated|Title 15. Taxation|Chapter 39. Taxation of Bentonite|Part 1. General Provisions|15-39-105. Penalties and interest for violation

  15-39-105. Penalties and interest for violation. (1) (a) A person who fails to file a statement as required by 15-39-102 must be assessed a penalty as provided in 15-1-216. The department may waive the penalty as provided in 15-1-206.   (b) A person who fails to file the statement required by 15-39-102 and to pay the tax on or before the due date must be assessed a penalty and interest as provided in 15-1-216. The department may waive any penalty pursuant to 15-1-206.   (2) A person who purposely fails to pay the tax when due must be assessed an additional penalty as provided in 15-1-216.   History: En. Sec. 5, Ch. 559, L. 2005; amd. Sec. 12, Ch. 44, L. 2007; amd. Sec. 3, Ch. 364, L. 2009.
MT Code § 15-39-106 (2021)
2021 Montana Code Annotated|Title 15. Taxation|Chapter 39. Taxation of Bentonite|Part 1. General Provisions|15-39-106. Authority to collect delinquent taxes

  15-39-106. Authority to collect delinquent taxes. (1) (a) The department shall collect taxes that are delinquent as determined under this part.   (b) If a tax imposed by this part or any portion of the tax is not paid when due, the department may issue a warrant for distraint as provided in Title 15, chapter 1, part 7.   (2) In addition to any other remedy, in order to collect delinquent taxes after the time for appeal has expired, the department may direct the offset of tax refunds or other funds that are due to the taxpayer from the state, except wages subject to the provisions of 25-13-614 and retirement benefits.   (3) As provided in 15-1-705, the taxpayer has the right to a review on the tax liability prior to any offset by the department.   (4) The department may file a claim for state funds on behalf of the taxpayer if a claim is required before funds are available for offset.   History: En. Sec. 6, Ch. 559, L. 2005.
MT Code § 15-39-107 (2021)
2021 Montana Code Annotated|Title 15. Taxation|Chapter 39. Taxation of Bentonite|Part 1. General Provisions|15-39-107. Interest on deficiency -- penalty

  15-39-107. Interest on deficiency -- penalty. (1) Interest accrues on unpaid or delinquent taxes as provided in 15-1-216. The interest must be computed from the date on which the statement and tax were originally due.   (2) If the payment of a tax deficiency is not made within 60 days after it is due and payable and if the deficiency is due to negligence on the part of the taxpayer but without fraud, the penalty imposed by 15-1-216(2) must be added to the amount of the deficiency.   History: En. Sec. 7, Ch. 559, L. 2005; amd. Sec. 13, Ch. 44, L. 2007.
MT Code § 15-39-108 (2021)
2021 Montana Code Annotated|Title 15. Taxation|Chapter 39. Taxation of Bentonite|Part 1. General Provisions|15-39-108. Limitations

  15-39-108. Limitations. (1) Except in the case of a person who purposely or knowingly, as those terms are defined in 45-2-101, files a false or fraudulent statement violating the provisions of this part, a deficiency may not be assessed or collected with respect to a tax period for which a statement is filed unless the notice of additional tax proposed to be assessed is mailed to or personally served upon the taxpayer within 5 years from the date on which the statement was filed. For purposes of this section, a statement filed before the last day prescribed for filing is considered to be filed on the last day.   (2) If, before the expiration of the 5-year period prescribed in subsection (1) for assessment of the tax, the taxpayer consents in writing to an assessment after expiration of the 5-year period, a deficiency may be assessed at any time prior to the expiration of the period consented to.   History: En. Sec. 8, Ch. 559, L. 2005.
MT Code § 15-39-109 (2021)
2021 Montana Code Annotated|Title 15. Taxation|Chapter 39. Taxation of Bentonite|Part 1. General Provisions|15-39-109. Credit or refund for overpayment -- refund from county -- interest on overpayment

  15-39-109. Credit or refund for overpayment -- refund from county -- interest on overpayment. (1) If the department determines that the amount of tax, penalty, or interest due for any semiannual period is less than the amount paid, the amount of the overpayment must be credited against any tax, penalty, or interest then due from the taxpayer and the balance refunded to the taxpayer or its successor through reorganization, merger, or consolidation or to its shareholders upon dissolution.   (2) (a) The amount of an overpayment credited against any tax, penalty, or interest due for any tax period or any refund or portion of a refund, which has not been distributed pursuant to 15-39-110, must be withheld from the current distribution made pursuant to 15-39-110.   (b) If the amount of the refund reduces the amount of tax previously distributed pursuant to 15-39-110 and if the current distribution, if any, is insufficient to offset the refund, then the department shall demand the amount of the refund from the county to which the tax was originally distributed. The county treasurer shall remit the amount demanded within 30 days of the receipt of notice from the department.   (3) Except as provided in subsection (4), interest must be allowed on overpayments at the same rate as is charged on unpaid taxes provided in 15-1-216 beginning from the due date of the statement or from the date of overpayment, whichever date is later, to the date on which the department approves refunding or crediting of the overpayment.   (4) (a) Interest may not accrue during any period in which the processing of a claim for refund is delayed more than 30 days by reason of failure of the taxpayer to furnish information requested by the department for the purpose of verifying the amount of the overpayment.   (b) Interest is not allowed:   (i) if the overpayment is refunded within 6 months from the date on which the statement is due or from the date on which the statement is filed, whichever is later; or   (ii) if the amount of interest is less than $1.   History: En. Sec. 9, Ch. 559, L. 2005.
MT Code § 15-39-111 (2021)
2021 Montana Code Annotated|Title 15. Taxation|Chapter 39. Taxation of Bentonite|Part 1. General Provisions|15-39-111. Administration -- rules

  15-39-111. Administration -- rules. The department shall:   (1) administer and enforce the provisions of this part;   (2) cause to be prepared and distributed forms and information that may be necessary to administer the provisions of this part; and   (3) adopt rules that may be necessary or appropriate to administer and enforce the provisions of this part.   History: En. Sec. 11, Ch. 559, L. 2005.
MT Code § 15-44-101 (2021)
2021 Montana Code Annotated|Title 15. Taxation|Chapter 44. Forest Lands Tax|Part 1. General Provisions|15-44-101. Short title

  15-44-101. Short title. This part may be cited as the "Forest Lands Tax Act".   History: En. Sec. 1, Ch. 783, L. 1991.
MT Code § 15-44-102 (2021)
2021 Montana Code Annotated|Title 15. Taxation|Chapter 44. Forest Lands Tax|Part 1. General Provisions|15-44-102. Definitions

  15-44-102. Definitions. For the purposes of this part, unless the context requires otherwise, the following definitions apply:   (1) "Culmination of mean annual increment" means the point of optimum net wood production on an acre of forest land.   (2) "Cultivated Christmas trees" means Christmas trees that are grown on land prepared by intensive cultivation and tilling, such as by plowing or turning over the soil, and on which all unwanted plant growth is controlled for the exclusive purpose of raising Christmas trees.   (3) "Department" means the department of revenue.   (4) "Forest" means forest land and the timber on the land.   (5) "Forest land" means contiguous land of 15 acres or more in one ownership that is capable of producing timber that can be harvested in commercial quantity and is producing timber unless the trees have been removed through harvest, including clearcuts, or by natural disaster, including but not limited to fire. Forest land includes land:   (a) that has not been converted to another use; and   (b) on which the annual net wood production equals or exceeds 25 cubic feet an acre at the culmination of mean annual increment.   (6) "Forest productivity value" means the value of forest land for assessment purposes, which value is determined only on the basis of its potential to produce timber, other forest products, and associated agricultural products through an income approach provided for in 15-44-103.   (7) "Harvest" means an activity related to the cutting or removal of timber for use or sale as a forest product.   (8) "Landowner" means an individual, corporation, association, company, firm, joint venture, syndicate, or trust.   (9) "Mean annual net wood production" means the average net usable volume of wood that 1 acre of forest land will grow in 1 year under average current and actual forest conditions and under current and reasonable management practices for each forest valuation zone established under 15-44-103.   (10) "Stumpage value" means the amount that timber would sell for under an arm's-length transaction made in the ordinary course of business, expressed in terms of dollars per unit of measure.   (11) (a) "Timber" means all wood growth on privately owned land, mature or immature, alive or dead, standing or down, that is capable of furnishing raw material used in the manufacture of lumber or other forest products.   (b) The term does not include cultivated Christmas trees.   History: En. Sec. 2, Ch. 783, L. 1991; amd. Sec. 2, Ch. 297, L. 1997; amd. Sec. 182, Ch. 56, L. 2009.
MT Code § 15-44-104 (2021)
2021 Montana Code Annotated|Title 15. Taxation|Chapter 44. Forest Lands Tax|Part 1. General Provisions|15-44-104. Reduction in valuation on forest lands for trees destroyed by natural disaster

  15-44-104. Reduction in valuation on forest lands for trees destroyed by natural disaster. (1) Forest lands upon which, at any time after December 31, 1993, trees are destroyed by fire, disease, insect infestation, or other natural disaster so that the lands affected will not meet minimum stocking requirements are eligible for a reduction in value for the first 20 tax years following the loss.   (2) If a landowner shows to the department's satisfaction that the landowner's forest lands have been destroyed as provided in subsection (1), the department shall reduce the value of the forest land by 50% of the original forest productivity value per year.   History: En. Sec. 4, Ch. 783, L. 1991.
MT Code § 15-44-105 (2021)
2021 Montana Code Annotated|Title 15. Taxation|Chapter 44. Forest Lands Tax|Part 1. General Provisions|15-44-105. Administration -- rules

  15-44-105. Administration -- rules. The department shall:   (1) administer and enforce the provisions of this part;   (2) arrange for the preparation and distribution of forms and information necessary to administer the provisions of this part; and   (3) promulgate rules necessary to administer and enforce the provisions of this part.   History: En. Sec. 5, Ch. 783, L. 1991.
MT Code § 15-44-106 (2021)
2021 Montana Code Annotated|Title 15. Taxation|Chapter 44. Forest Lands Tax|Part 1. General Provisions|15-44-106. Tax on change of use of part of tract

  15-44-106. Tax on change of use of part of tract. (1) Land that is valued, assessed, and taxed under this part that is separated or split from forest land, either by conveyance or by other action of the owner, for a use other than forest land or associated forest land management, must be reclassified by the department according to its use.   (2) Reclassification under subsection (1) does not impair the right of the remaining forest land that was not reclassified based on use as long as the land meets the minimum requirements of this part.   History: En. Sec. 1, Ch. 333, L. 2017.