Alternative Fuel and Vehicle Production Property Tax Incentive

Alternative fuel production facilities, including biodiesel, biomass, biogas, renewable diesel and ethanol production facilities, may qualify for a reduced property tax rate of 3% of market value. Renewable energy manufacturing facilities, including those manufacturing plug-in electric vehicles or hybrid electric vehicles, also qualify. In addition, temporary property tax rate abatements are available for qualified biodiesel, biomass, biogas, and ethanol production facilities. The tax abatements are available during facility construction and for the first 15 years after the facility begins operation. The total time of the qualifying period may not exceed 19 years. For more information, see the Montana Department of Environmental Quality “Clean and Green” Property Tax Incentives website.

(Reference Senate Bill 510, 2023)