Montana legislation · 2025 Regular Session
Montana SB93: Revise income taxes related to retired military members
Status: Signed into law, May 16, 2025
What the bill says
An act revising state income taxation for military pensions, retirement, and survivor benefits; eliminating the statutory sunset of the exemption; amending section 15-30-2120, mca; repealing section 4, chapter 650, laws of 2023; and providing a delayed effective date and an applicability date.
From the engrossed text:
AN ACT REVISING STATE INCOME TAXATION FOR MILITARY PENSIONS, RETIREMENT, AND SURVIVOR BENEFITS; ELIMINATING THE STATUTORY SUNSET OF THE EXEMPTION; AMENDING SECTION 15-30-2120, MCA; REPEALING SECTION 4, CHAPTER 650, LAWS OF 2023; AND PROVIDING A DELAYED EFFECTIVE DATE AND AN APPLICABILITY DATE. Section 1. Section 15-30-2120, MCA, is amended to read: "15-30-2120. Adjustments to federal taxable income to determine Montana taxable income. (1) The items in subsection (2) are added to and the items in subsection (3) are subtracted from federal taxable income to determine Montana taxable income. (2) The following are added to federal taxable income: (a) to the extent that it is not exempt from taxation by Montana under federal law, interest from obligations of a territory or another state or any political subdivision of a territory or another state and exemptinterest dividends attributable to that interest except to the extent already included in federal taxable income; (b) that portion of a shareholder's income under subchapter S. of Chapter 1 of the Internal Revenue Code that has been reduced by any federal taxes paid by the subchapter S. corporation on the income; (c) depreciation or amortization taken on a title plant as defined in 33-25-105; (d) the recovery during the tax year of an amount deducted in any prior tax year to the extent that the amount recovered …
Sponsors
- Fuller, John (R, 4) · primary sponsor
Latest actions
- : Chapter Number Assigned
- : (S) Signed by Governor
- : (S) Transmitted to Governor
- : (H) Signed by Speaker
- : (S) Signed by President
- : (S) Returned from Enrolling
- : (S) Sent to Enrolling
- : (S) 3rd Reading House Amendments
- : (S) Scheduled for 3rd Reading
- : (S) 2nd Reading House Amendments
Votes
- Do Pass (April 29, 2025): 50 yea, 0 nay, passed
- Do Pass (April 28, 2025): 49 yea, 0 nay, passed
- Do Concur (April 24, 2025): 93 yea, 7 nay, passed
- Do Concur (April 22, 2025): 88 yea, 10 nay, passed
- Do Pass (February 3, 2025): 46 yea, 3 nay, passed
- Do Pass (January 31, 2025): 47 yea, 2 nay, passed
Subjects: Retirement, Military Affairs, Taxation, Revenue, State, Taxation--Individual Income
Common questions
- What is SB93?
- SB93 is a bill in the Montana Legislature (2025 Regular Session): Revise income taxes related to retired military members.
- What does SB93 do?
- In its own words: An act revising state income taxation for military pensions, retirement, and survivor benefits; eliminating the statutory sunset of the exemption; amending section 15-30-2120, mca; repealing section 4, chapter 650, laws of 2023; and providing a delayed effective date and an applicability date.
- What is the status of SB93?
- Signed into law as of May 16, 2025. Latest action: Chapter Number Assigned (May 16, 2025).
- Who sponsored SB93?
- Fuller, John (R, 4).
- Where is the official record for SB93?
- On the Montana Legislature website: https://bills.legmt.gov/#/laws/bill/2/LC0570
Source: official Montana record. Tracked by Delilah, AI for legislation across all 50 states and Congress.