{"data":{"id":"us-mt/15-6-131","jurisdiction":"us-mt","citation":"15-6-131","heading":"Class one property -- description -- taxable percentage.","body":"(1) Class one property includes the annual net proceeds of all mines and mining claims except bentonite, coal, and metal mines.\n(2) Class one property is taxed at 100% of its annual net proceeds after deducting the expenses specified and allowed by 15-23-503 or, for talc, as provided in 15-23-515 or, for vermiculite, as provided in 15-23-516 or, for limestone, as provided in 15-23-517 or, for industrial garnets and associated byproducts, as provided in 15-23-518.","path":["TITLE 15. TAXATION","CHAPTER 6. PROPERTY SUBJECT TO TAXATION","Part 1. Classification"],"source_url":"https://mca.legmt.gov/bills/mca/title_0150/chapter_0060/part_0010/section_0310/0150-0060-0010-0310.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T04:46:41Z","sha256":"e38111c4e843eaf0c817486a0915302a1bbeb05f3a1d50d1bd6a7e70644b0fa3","source_id":"us-mt","stale":false,"prev":"us-mt/15-6-123","next":"us-mt/15-6-132"},"notice":"GroundRules: Original legal text. Not legal advice."}