67-3-206. Schedule of fees in lieu of tax for aircraft.

67-3-206. Schedule of fees in lieu of tax for aircraft. (1) The appropriate fee in lieu of tax imposed on aircraft is based on the age and type of aircraft and must be determined from the following schedule:

YEARS

0 - 5 6 - 10 11 - 20 21 - 30 31 - 40

Single engine, fixed gear,

200 horsepower and under $ 300 $ 175 $100 $ 50 $ 25

Single engine, fixed gear,

over 200 horsepower 500 250 150 75 50

Single engine, retractable gear,

200 horsepower and under 600 300 175 100 75

Single engine, retractable gear,

over 200 horsepower 700 400 200 125 100

Multi-engine, piston engine 800 500 250 175 150

Helicopter, piston engine 700 450 225 150 125

Single engine jet helicopter,

prop jet 1,500 700 450 300 175

Multi-engine jet helicopter,

prop jet 2,000 1,000 600 400 200

Jet engine, no propeller 3,000 1,500 800 500 250

     (2) (a) Except as provided in subsection (2)(b), the age of an aircraft is determined by subtracting the manufacturer's designated model year from the current calendar year.
     (b) If the purchase year of an aircraft precedes the designated model year of the aircraft and the aircraft is originally titled in Montana, then the purchase year is considered the model year for the purposes of calculating the fee in lieu of tax.
     (3) The fee in lieu of tax imposed on any glider, ultralight, gyrocopter, balloon, homebuilt aircraft, antiques, or any aircraft over 40 years old is $20.

History: En. Sec. 4, Ch. 453, L. 1987; amd. Sec. 7, Ch. 402, L. 1997.

Provided by Montana Legislative Services