HOUSE BILL NO. 458
INTRODUCED BY A. OLSON
A BILL FOR AN ACT ENTITLED: "AN ACT REPEALING THE PROVISIONS OF THE ELECTRICAL GENERATION TAX REFORM ACT; PROVIDING A TAX REFUND TRANSITION; REPEALING SECTIONS 15-72-101, 15-72-102, 15-72-103, 15-72-104, 15-72-105, 15-72-106, 15-72-110, 15-72-111, 15-72-112, 15-72-113, 15-72-114, 15-72-115, 15-72-116, AND 15-72-117, MCA; AND PROVIDING AN IMMEDIATE EFFECTIVE DATE AND AN APPLICABILITY DATE."
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MONTANA:
NEW SECTION. Section 1. Tax refund transition. Taxes paid pursuant to Title 15, chapter 72, part 1, after December 31, 2006, on electricity transmitted after December 31, 2006, must be refunded to the taxpayer.
NEW SECTION. Section 2. Repealer. Sections 15-72-101, 15-72-102, 15-72-103, 15-72-104, 15-72-105, 15-72-106, 15-72-110, 15-72-111, 15-72-112, 15-72-113, 15-72-114, 15-72-115, 15-72-116, and 15-72-117, MCA, are repealed.
NEW SECTION. Section 3. Saving clause. [This act] does not affect rights and duties that matured, penalties that were incurred, or proceedings that were begun before [the effective date of this act].
NEW SECTION. Section 4. Effective date. [This act] is effective on passage and approval.
NEW SECTION. Section 5. Applicability. [This act] applies to electricity transmitted in the state after December 31, 2006.
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Latest Version of HB 458 (HB0458.01)
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