Montana § 15-32-103 - Deduction For Energy-Conserving Investments
Full text of Montana Montana Code Annotated § 15-32-103 — Deduction For Energy-Conserving Investments, with citation guidance and answers to common questions.
§ 15-32-103. Deduction For Energy-Conserving Investments
Deduction for energy-conserving investments. (1) In addition to all other deductions from gross corporate income allowed in computing net income under chapter 31, part 1, a taxpayer may deduct a portion of the taxpayer's expenditure for a capital investment in a building for an energy conservation purpose, in accordance with the following schedule: If the installation or investment If the installation or investment is made is made in a residential building: in a building not used as a residence: 100% of first $1,000 expended 100% of first $2,000 expended 50% of next $1,000 expended 50% of next $2,000 expended 20% of next $1,000 expended 20% of next $2,000 expended 10% of next $1,000 expended 10% of next $2,000 expended (2) This tax treatment is subject to approval of the department, as provided in 15-32-106 , and may not be claimed for so much of the expenditure and capital investment as is financed by a state, federal, or private grant for energy conservation.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 15-32-103
What does Montana Code Annotated § 15-32-103 cover?
Section 15-32-103 ("Deduction For Energy-Conserving Investments") is part of the Montana Code Annotated, the codified statutory law of Montana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Montana § 15-32-103?
A common citation format is "Montana Code Annotated § 15-32-103" (Montana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Montana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Montana official source linked on this page or consult a licensed Montana attorney.
How does Montana § 15-32-103 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Montana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Montana.