Montana § 82-11-131 - Privilege And License Tax
Full text of Montana Montana Code Annotated § 82-11-131 — Privilege And License Tax, with citation guidance and answers to common questions.
§ 82-11-131. Privilege And License Tax
Privilege and license tax. (1) For the purpose of providing funds for defraying the expenses of the operation and enforcement of this chapter and expenses of the board, an operator or producer of oil and gas shall pay an assessment of 0.3% of the market value of each barrel of crude petroleum produced, saved and marketed, or stored within the state or exported from the state and the same rate on the market value of each 10,000 cubic feet of natural gas produced, saved and marketed, or stored within the state or exported from the state. (2) The board shall, by rule adopted pursuant to the provisions of the Montana Administrative Procedure Act, fix a percentage of the assessment and may from time to time reduce or increase the percentage of the assessment as the expenses chargeable against the oil and gas conservation fund may require. (3) The board shall give the department of revenue at least 90 days' notice of any change in the percentage of the rate adopted pursuant to this section. (4) For the purposes of this section, the provisions of Title 15, chapter 36, part 3, apply to the privilege and license tax assessment.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 82-11-131
What does Montana Code Annotated § 82-11-131 cover?
Section 82-11-131 ("Privilege And License Tax") 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 § 82-11-131?
A common citation format is "Montana Code Annotated § 82-11-131" (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 § 82-11-131 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.