15-31-906. (Temporary) Application for tax credit -- fee. (1) To receive the tax credits under 15-31-907 and 15-31-908 for a state-certified production, a production company shall apply to the department on a form prescribed by the department. The form must be accompanied by an application fee. The application must be made and the fee paid at the time the production company files its tax return.
     (2) The application fee is determined as follows:
     (a) if the total compensation paid to Montana residents for the production is less than or equal to $30,000, the application fee is $500;
     (b) if the total compensation paid to Montana residents for the production is more than $30,000, the application fee is $75 for each resident employed by the production company; or
     (c) if the production company is applying only for the qualified expenditure tax credit, the application fee is $500.
     (3) The fee must be deposited in the state special revenue account. The fee is statutorily appropriated, as provided in 17-7-502, in equal amounts to the department of revenue and the department of commerce to administer the provisions of 15-31-906 through 15-31-911. (Terminates January 1, 2010--sec. 17, Ch. 593, L. 2005.)

     History: En. Sec. 6, Ch. 593, L. 2005.