8.104.215 PROVISION OF TAX CREDITS
(1) As required by 90-6-309, MCA, each year after the start of
production, the local government unit must provide for tax crediting as
specified in the approved impact plan. A tax credit must be made from the local
government fund that corresponds to the service for which the tax prepayment
was made. A tax credit may not have the effect of shifting the impact cost over
time to the non-developer local taxpayer. The credit may not exceed the
tax obligation of the developer for that year. Tax crediting is limited to the
productive life of the mine.
History: Sec. 90-6-305, MCA; IMP, Sec. 90-6-309, MCA; NEW, 1994 MAR p. 2718, Eff. 10/14/94.