Montana § 30-20-207 - Tax Exemption For Manufacturing Of Ammunition Components -- Conditions -- Real Property Exemption Applies To Safety Zone

§ 30-20-207. Tax Exemption For Manufacturing Of Ammunition Components -- Conditions -- Real Property Exemption Applies To Safety Zone

(Temporary) Tax exemption for manufacturing of ammunition components -- conditions -- real property exemption applies to safety zone. (1) A person or entity in this state engaged in the primary business of the manufacture of ammunition components that meets the conditions in subsections (2) through (4) is exempt from: (a) property taxes levied for state educational purposes under 20-9-331 , 20-9-333 , 20-9-360 , and 20-25-439 ; (b) the business equipment tax levied pursuant to 15-6-138 ; (c) individual income taxes as provided in Title 15, chapter 30; (d) corporate income or alternative corporate income taxes as provided in Title 15, chapter 31; and (e) any other tax on business activity levied by the state, except: (i) the local portion of property tax not exempt under subsection (1)(a); or (ii) an employer's share of employee payroll taxes that are used to finance state-mandated programs, including unemployment insurance and workers' compensation. (2) A person or entity in this state engaged in the primary business of the manufacture of ammunition components is exempt from taxation as provided under subsection (1) if the person's or entity's business meets the following conditions: (a) the products of the business are and remain available to commercial and individual consumers in the state; (b) the business sells its products to in-state commercial and individual consumers for a price no greater than that for out-of-state purchasers, including any products that leave the state regardless of destination or purchaser; and (c) the business does not enter into any agreement or contract that could actually or potentially command or commit all of its production to out-of-state consumers or interfere with or prohibit sales and provision of products to in-state consumers. (3) The exemptions allowed under subsection (1) apply only to the property, income, and business activity attributable to the manufacture of ammunition components. (4) The real property exemption allowed under subsection (1)(a) encompasses any property within 500 yards of a structure used for the manufacture of ammunition components or of any structure used for storage of products manufactured onsite. (Terminates December 31, 2035--sec. 11, Ch. 675, L. 2025.)