Economic Impacts of the Petition for Proposed Amendments Pertaining to Nondegradation Requirements for Electrical Conductivity And Sodium Adsorption Ratio And Definitions for Technology-Based Effluent Limitations And the Adoption of New Water Quality Rule
Economic Impacts of the Petition for Proposed Amendments Pertaining to Nondegradation Requirements for Electrical Conductivity And Sodium Adsorption Ratio And Definitions for Technology-Based Effluent Limitations And the Adoption of New Water Quality Rule
Montana.Dept. of Environmental Quality
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It is important to note that many of those jobs would go to out-of-staters. Where applicable, business equipment taxes collected from the CBM industry would also likely increase due to additional equipment needed for injection/reinjection and water treatment. Based on two studies (Kuipers, DOE), these business equipment taxes collected might increase as much as 50% per well. However, estimating this tax benefit is beyond the scope of this paper, mainly because some methane companies are organiz...ed in such as way that their equipment would not fall under Montana's Class 8 taxes, but instead would be taxed as a pipeline company (Tax Policy and Research, Montana Dept of Revenue). Depending on how a given coalbed methane company is set up in its corporate structure, it could fall under one class of taxation or the other for its equipment. Any additional business equipment taxes collected would be distributed to state and local governments according to mills. Additional Considerations As an element of the Economic Impact Statement, MCA 2-4-405 requires the following four issues to be addressed by the Board: c) probable costs to the agency and to any other agencies of the implementation and enforcement of the proposed rule, 16 The Department anticipates that there will be additional workload resulting from the need to review and verify waiver applications to the requirement for reinjection of CBM produced water.
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