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Montana Horizontal Well Update

Montana Horizontal Well Update. Larry N. Smith Montana Bureau of Mines and Geology. Montana Tech – Butte, MT lsmith @ mbmgsun.mtech.edu. Tax Change Highlights. http://leg.state.mt.us/index.htm. SB 200 Reduce or Eliminate Property Tax on Class 6 and Class 8 Property SB 249

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Montana Horizontal Well Update

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  1. Montana Horizontal Well Update Larry N. Smith Montana Bureau of Mines and Geology Montana Tech – Butte, MT lsmith@mbmgsun.mtech.edu

  2. Tax Change Highlights http://leg.state.mt.us/index.htm • SB 200 • Reduce or Eliminate Property Tax on Class 6 and Class 8 Property • SB 249 • Cap Resource Indemnity Trust Tax Fund and repeal RIGWAT • SB 430 • Exempt Fee for Royalty Payment Admin. from Production Tax • SB 530 • Oil & Gas Production Tax Simplification and Competitiveness • HB 661 and HB 658 • Tax Reductions on Stripper Wells

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