42.4.3002 WHO MAY CLAIM THE INFRASTRUCTURE USER FEE CREDIT
(1) A taxpayer may claim a credit for the infrastructure user fee paid to a local government for an "infrastructure loan." The "infrastructure loan," as defined under ARM 8.97.1301, is a loan to the local government from the Montana department of commerce. The Montana department of commerce will determine if such loan qualifies for this credit.
(2) A taxpayer claiming the credit must follow both of the following criteria:
(a) the taxpayer must meet the provisions set forth in 17-6-309 , MCA; and
(b) the taxpayer must pay the infrastructure user fee.
History: Sec. 15-1-201, MCA; IMP, Sec. 17-6-309 and 17-6-316, MCA; NEW, 1996 MAR p. 1178, Eff. 4/26/96; AMD, 2000 MAR p. 1346, Eff. 5/26/00; TRANS, from ARM 42.23.504, 2004 MAR p. 1965, Eff. 8/20/04.