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.