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