Larry N. Smith

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Montana Horizontal Well Update

• Larry N. Smith
• Montana Bureau of Mines and Geology

Montana Tech Butte, MT lsmith_at_mbmgsun.mtech.edu
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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