TITLE 15. TAXATION

CHAPTER 32. ENERGY-RELATED AND ECOLOGICAL TAX INCENTIVES

Part 5. Mineral and Coal Exploration Incentives

Purpose And Statement Of Policy

15-32-501. Purpose and statement of policy. The legislature recognizes the critical importance of mineral development to the vitality of Montana's economy and the state's revenue base. The legislature also recognizes that there has been a decline in mineral exploration throughout the state. The purpose of this part is to encourage mineral exploration in Montana without adversely affecting tax revenue received from existing economic activity in the state.

History: En. Sec. 1, Ch. 538, L. 1999.