15-24-3116. Rules.
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/mt/title-15/chapter-24/part-31/15-24-3116·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
15-24-3116 . Rules.
(1)The department of revenue shall adopt rules for the implementation of this part, including the valuation of qualifying property and administration of property certified under 15-24-3112 or classified under 15-6-157 or 15-6-158 .
(2)The department of environmental quality shall adopt rules necessary for certification, compliance, and revocation of certificates, as provided in 15-24-3112 , and for classification as class fourteen property, as provided in 15-6-157 , or class fifteen property, as provided in 15-6-158 . The rules may include specifying procedures, including timeframes for certification application, and definitions necessary to identify property for certification and compliance. The percentage of the carbon dioxide produced by a facility that is to be sequestered or offset must be based on technology that is practically obtainable as determined by the department.