15-72-106. Collection of wholesale energy transaction tax -- disposition of revenue, MCA
  1. MCA Contents
  2. TITLE 15
  3. CHAPTER 72
  4. Part 1
  5. 15-72-106 Collection of wholesale energy transaction tax -- disposition of revenue

Montana Code Annotated 2017

TITLE 15. TAXATION

CHAPTER 72. ELECTRICAL GENERATION TAX AND INVASIVE SPECIES FEE

Part 1. Electrical Generation Tax Reform Act

Collection Of Wholesale Energy Transaction Tax -- Disposition Of Revenue

15-72-106. Collection of wholesale energy transaction tax -- disposition of revenue. (1) A transmission services provider shall collect the tax imposed under 15-72-104 from the taxpayer and pay the tax collected to the department. If the transmission services provider collects a tax in excess of the tax imposed by 15-72-104, both the tax and the excess must be remitted to the department.

(2) A self-assessing distribution services provider is subject to the provisions of this part.

(3) The wholesale energy transaction tax collected under this part must, in accordance with the provisions of 17-2-124, be deposited in the general fund.

History: En. Sec. 6, Ch. 556, L. 1999; amd. Sec. 17, Ch. 475, L. 2007.