ARM 42.4.1603. PERIOD OF ELIGIBILITY

(1) As used in this sub-chapter, period of eligibility means: (a) in the case of a new corporation, the consecutive three-year period during which a credit may be claimed, commencing from the initial act of doing business in Montana; or (b) in the case of an expanding corporation, the consecutive three-year period during which a credit may be claimed, commencing with the increase in total full-time jobs by 30%. (2) Those periods of time before actual production of a product, during which support, planning, construction of facilities, and other preparatory activities occur, shall be included in determining the period of eligibility.