Montana Code Annotated 2017

TITLE 15. TAXATION

CHAPTER 72. ELECTRICAL GENERATION TAX AND INVASIVE SPECIES FEE

Part 6. Invasive Species Fee

Invasive Species Fee For Hydroelectric-Dependent Utilities

15-72-602. (Temporary) Invasive species fee for hydroelectric-dependent utilities. (1) Between July 1, 2017, and June 30, 2019, a load-serving utility that receives more than 50% of its annual electricity supply from hydroelectric generation supplied by a federal power marketing administration and that does not own a hydroelectric facility assessed an invasive species fee pursuant to 15-72-601 shall pay a quarterly invasive species fee determined by the department pursuant to subsection (2).

(2) By September 30, 2017, the department shall calculate the quarterly fee for each load-serving utility by multiplying the utility's 2015 kilowatt-hour sales by the factor calculated pursuant to subsection (3), dividing the product by four, and rounding that product to the nearest whole dollar.

(3) The department shall determine the factor used in subsection (2) by multiplying the fee assessed in 15-72-601(1) by four, multiplying that product by the total nameplate capacity of a utility regulated pursuant to Title 69, chapter 8, and then dividing that product by 6,080,144,265.

(4) A utility subject to the fee in subsection (1) shall file on forms provided by the department and pay within 30 days after the end of each quarterly period. The quarterly periods end March 31, June 30, September 30, and December 31 of each year.

(5) If the fee is not paid on or before the due date, a penalty and interest must be assessed as provided in 15-1-216. The department may waive the penalty pursuant to 15-1-216.

(6) The department may audit the records and other documents of a utility to ensure that the proper fee is paid and collected pursuant to this section.

(7) Money collected pursuant to this section must be deposited in the invasive species account established in 80-7-1004. (Terminates June 30, 2019--sec. 21(3), Ch. 387, L. 2017.)

History: En. Sec. 3, Ch. 387, L. 2017.