{"data":{"id":"us-mt/15-6-137","jurisdiction":"us-mt","citation":"15-6-137","heading":"Class seven property -- description -- taxable percentage.","body":"(1) Except as provided in subsection (2), class seven property includes:\n(a) all property owned by cooperative rural electrical associations that serve less than 95% of the electricity consumers within the incorporated limits of a city or town, except rural electric cooperative properties described in 15-6-141(1)(c);\n(b) electric transformers and meters; electric light and power substation machinery; natural gas measuring and regulating station equipment, meters, and compressor station machinery owned by noncentrally assessed public utilities; and tools used in the repair and maintenance of this property.\n(2) Class seven property does not include wind generation facilities, biomass generation facilities, energy storage facilities classified under 15-6-157, and property classified under 15-6-163.\n(3) Class seven property is taxed at 8% of its market value.","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_0370/0150-0060-0010-0370.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T04:46:41Z","sha256":"9fa16ff498ff87d231aafa466222b26bdccc7f51bf2cbc5cc25f74d5ecf87c6a","source_id":"us-mt","stale":false,"prev":"us-mt/15-6-136","next":"us-mt/15-6-138"},"notice":"GroundRules: Original legal text. Not legal advice."}