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Montana Code Annotated — Title 15 (Taxation)

Mont. Code Ann. § 15-24-2001

Definitions

Official textleg.mt.gov

15-24-2001 . Definitions. Unless the context requires otherwise, the following definitions apply to this part:

# (1)

"Building and land" means commercial improvements and land sold or donated to a local economic development organization for subsequent sale or lease to a profit-oriented, employment-stimulating business. The term includes commercial property that has not been used in a business for 6 months immediately preceding the sale or donation of the building and land to the local economic development organization.

# (2)

"Local economic development organization" means a private, nonprofit organization whose primary purposes are to develop the economy of its area and to provide assistance to businesses in that area.

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In this chapter (40 sections)
  1. 15-24-1403 · Through 15-24-1409 Reserved
  2. 15-24-1410 · Terminated
  3. 15-24-1411 · Manufacturer Of Ammunition Components -- Exemption From…
  4. 15-24-1501 · Remodeling, Reconstruction, Or Expansion Of Buildings Or…
  5. 15-24-1502 · Tax Exemption And Abatement For Remodeling,…
  6. 15-24-1601 · Purpose
  7. 15-24-1602 · Definitions
  8. 15-24-1603 · Historic Property Tax Abatement -- Levy Limitations
  9. 15-24-1604 · Eligibility
  10. 15-24-1605 · Responsibilities Of Local Governing Bodies -- Local Review…
  11. 15-24-1606 · Responsibilities Of The State Historic Preservation Office
  12. 15-24-1607 · Disqualification And Penalty
  13. 15-24-1701 · Suspension And Cancellation Of Collection Of Certain…
  14. 15-24-1702 · Resolution To Suspend Or Cancel Delinquent Taxes
  15. 15-24-1703 · Application Of Suspension Or Cancellation
  16. 15-24-1704 · Terminated
  17. 15-24-1801 · Definitions
  18. 15-24-1802 · Business Incubator Tax Exemption -- Procedure
  19. 15-24-1901 · Definitions
  20. 15-24-1902 · Industrial Park Tax Exemption -- Procedure -- Termination
  21. 15-24-2001 · Definitions
  22. 15-24-2002 · Building And Land Tax Exemption -- Procedure -- Termination
  23. 15-24-2101 · Repealed
  24. 15-24-2102 · Repealed
  25. 15-24-2103 · Repealed
  26. 15-24-2301 · Repealed
  27. 15-24-2302 · Repealed
  28. 15-24-2401 · Repealed
  29. 15-24-2402 · Repealed
  30. 15-24-2403 · Repealed
  31. 15-24-2404 · Repealed
  32. 15-24-2405 · Repealed
  33. 15-24-2501 · Repealed
  34. 15-24-3001 · Repealed
  35. 15-24-3002 · Repealed
  36. 15-24-3003 · Reserved
  37. 15-24-3004 · Wind Generation Facility Impact Fee For Local Governmental…
  38. 15-24-3005 · Wind Generation Facility Impact Fee For Local Governmental…
  39. 15-24-3006 · Electrical Energy Generation Impact Fee Reserve Account
  40. 15-24-3007 · Electrical Generation Impact Fund
Full table of contents →