Montana legislation · 2025 Regular Session
Montana HB337: Revise income tax laws to lower income taxes
Status: Signed into law, April 28, 2025
What the bill says
An act generally revising income taxes; revising brackets to lower income taxes; increasing the amount of montana taxable income before application of a higher rate of tax; reducing the highest income tax rate; increasing the earned income tax credit; amending sections 15-30-2103 and 15-30-2318, mca; and providing effective dates, applicability dates, and a termination date.
From the engrossed text:
AN ACT GENERALLY REVISING INCOME TAXES; REVISING BRACKETS TO LOWER INCOME TAXES; INCREASING THE AMOUNT OF MONTANA TAXABLE INCOME BEFORE APPLICATION OF A HIGHER RATE OF TAX; REDUCING THE HIGHEST INCOME TAX RATE; INCREASING THE EARNED INCOME TAX CREDIT; AMENDING SECTIONS 15-30-2103 AND 15-30-2318, MCA; AND PROVIDING EFFECTIVE DATES, APPLICABILITY DATES, AND A TERMINATION DATE. Section 1. Section 15-30-2103, MCA, is amended to read: "15-30-2103. Rate of tax -- net long-term capital gains -- definitions. (1) Except as provided in subsections (2) and (3) subsection (2), there must be levied, collected, and paid for each tax year on the Montana taxable income of each taxpayer subject to this chapter a tax on the brackets of taxable income as follows: (a) for every married individual who files a joint return and for every surviving (ii) on any Montana taxable income in excess of $41,000 $95,000 or any part of that income, 5.9% 5.65%; (b) for every head of (ii) on any Montana taxable income in excess of $30,750 $71,250 or any part of that income, 5.9% 5.65%; (c) for every individual other than a surviving spouse or head of household who is not a married - 1 - Authorized Print Version - HB 337 ENROLLED BILL - 2025 69th Legislature 2025 HB 337 (ii) on any Montana taxable income in excess …
Sponsors
- Ler, Brandon (R, 33) · primary sponsor
Latest actions
- : Chapter Number Assigned
- : (H) Signed by Governor
- : (H) Transmitted to Governor
- : (S) Signed by President
- : (H) Signed by Speaker
- : (H) Returned from Enrolling
- : (H) Sent to Enrolling
- : (S) 3rd Reading
- : (S) Scheduled for 3rd Reading
- : (H) Revised Fiscal Note Received
Votes
- Do Concur (April 22, 2025): 34 yea, 16 nay, passed
- Do Concur As Amended (April 18, 2025): 32 yea, 17 nay, passed
- AMD-HB0337.003.002 Dunwell D/PASS (April 18, 2025): 13 yea, 36 nay, failed
- AMD-HB0337.003.001 Hertz D/PASS (April 18, 2025): 46 yea, 2 nay, passed
- Do Pass (April 2, 2025): 55 yea, 40 nay, passed
- Do Pass (April 1, 2025): 57 yea, 42 nay, passed
Subjects: Taxation, Revenue, State, Taxation--Individual Income
Common questions
- What is HB337?
- HB337 is a bill in the Montana Legislature (2025 Regular Session): Revise income tax laws to lower income taxes.
- What does HB337 do?
- In its own words: An act generally revising income taxes; revising brackets to lower income taxes; increasing the amount of montana taxable income before application of a higher rate of tax; reducing the highest income tax rate; increasing the earned income tax credit; amending sections 15-30-2103 and 15-30-2318, mca; and providing effective dates, applicability dates, and a termination date.
- What is the status of HB337?
- Signed into law as of April 28, 2025. Latest action: Chapter Number Assigned (April 28, 2025).
- Who sponsored HB337?
- Ler, Brandon (R, 33).
- Where is the official record for HB337?
- On the Montana Legislature website: https://bills.legmt.gov/#/laws/bill/2/LC1716
Source: official Montana record. Tracked by Delilah, AI for legislation across all 50 states and Congress.