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Yellowstone County grants tax break to Phillips 66 oil refinery

Yellowstone County on Tuesday approved a tax break sought by Phillips 66 oil refinery in Billings for a $298 million project to improve crude oil processing and sulfur recovery.

The project qualified for the tax reduction under a county program for qualifying new or expanding businesses.

Two Phillips 66 employees spoke for the tax break; no one opposed it.

Commission Chairman John Ostlund said the county traditionally has honored requests for the tax incentive and noted the large investment by the refinery.

By CLAIR JOHNSON [email protected]

http://billingsgazette.com/news/local/yellowstone-county-grants-tax-break-to-phillips-oil-refinery/article_01d66ef9-7294-5709-99bb-126b0fd199cb.html#tracking-source=home-top-story-2

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