Montana State Legislature

Tax Credit Review

Overview

House Bill No. 723 requires the Revenue Interim Committee to review tax credits each interim.  The table below shows the tax credits to be reviewed this interim and committee action related to each tax credit. The committee plans to request legislation at the end of the interim to reflect its decisions on the tax credits reviewed.

Tax Credit MCA Section Meeting Scheduled for Review Committee Recommendation
Income taxes imposed by foreign states or countries 15-30-2302 November 2019

Retain credit

No decision on whether to review in future

New or expanded industry

15-31-124 through 15-31-127

November 2019 Repeal credit

Energy-conserving expenditures

15-30-2319, 15-32-109

March 2020

 

Installing alternative energy systems 15-32-201 through 15-32-203 March 2020  
Elderly homeowners and renters 15-30-2337 through 15-30-2341 May 2020  
Contractor's gross receipts 15-50-207 May 2020  

The committee's work plan includes information on the review process. There will be opportunities for public comment during the review process.

Meeting Materials

Tax Credit Review Worksheet

March 19-20, 2020

November 18-19, 2019

September 24-25, 2019

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