(1) The recycling credit is available for tax years 1992 through 2005. The credit must be taken in the tax year in which the machinery/equipment was acquired and placed into service.

(2) To be eligible for the recycling credit, qualifying equipment must be purchased and installed after January 1, 1990, and prior to January 1, 2006.

(3) Any credit claimed is subject to review by the department. The department may request the assistance of the Montana department of environmental quality when making its determinations. The responsibility to maintain accurate records to substantiate the credit remains with the taxpayer.