Montana legislation · 2025 Regular Session
Montana HB831: Increase elderly homeowner and renter income tax credit
Status: Chaptered, July 23, 2025
What the bill says
An act revising the elderly homeowner and renter income tax credit; revising the definition of household income; increasing the maximum credit amount; revising the phaseout of the credit; providing an inflationary adjustment for the income at which the credit phases out; amending sections 15-30-2337 and 15-30-2340, mca; repealing sections 4, 5, 9 and 10, chapter 476, laws of 2021; and providing an immediate effective date and a retroactive applicability date.
From the engrossed text:
AN ACT REVISING THE ELDERLY HOMEOWNER AND RENTER INCOME TAX CREDIT; REVISING THE DEFINITION OF HOUSEHOLD INCOME; INCREASING THE MAXIMUM CREDIT AMOUNT; REVISING THE PHASEOUT OF THE CREDIT; PROVIDING AN INFLATIONARY ADJUSTMENT FOR THE INCOME AT WHICH THE CREDIT PHASES OUT; AMENDING SECTIONS 15-30-2337 AND 15-30-2340, MCA; REPEALING SECTIONS 4, 5, 9 AND 10, CHAPTER 476, LAWS OF 2021; AND PROVIDING AN IMMEDIATE EFFECTIVE DATE AND A RETROACTIVE APPLICABILITY DATE. Section 1. Section 15-30-2337, MCA, is amended to read: "15-30-2337. Residential property tax credit for elderly -- definitions. As used in 15-30-2337 through 15-30-2341, the following definitions apply: (1) "Claim period" means the tax year for individuals required to file Montana individual income tax returns and the calendar year for individuals not required to file returns. (2) "Claimant" means a person who is eligible to file a claim under 15-30-2338. (3) "Department" means the department of revenue. (4) "Gross household income" means all income received by all individuals of a household while they are members of the household. (5) "Gross rent" means the total rent in cash or its equivalent actually paid during the claim period by the renter or lessee for the right of occupancy of the homestead pursuant to an arm's-length transaction with the landlord. (6) "Homestead" means: (a) a single-family dwelling or unit of a multiple-unit dwelling …
Sponsors
- Nikolakakos, George (R, 22) · primary sponsor
Latest actions
- : (H) Veto Override
- : (H) Veto Override Vote in Progress
- : (H) Vetoed by Governor
- : (H) Transmitted to Governor
- : (S) Signed by President
- : (H) Signed by Speaker
- : (H) Returned from Enrolling
- : (H) Sent to Enrolling
- : (H) 3rd Reading Senate Amendments
- : (H) Scheduled for 3rd Reading
Votes
- Do Concur (April 25, 2025): 81 yea, 19 nay, passed
- Do Concur (April 24, 2025): 97 yea, 3 nay, passed
- Do Concur (April 18, 2025): 45 yea, 5 nay, passed
- Do Concur (April 12, 2025): 41 yea, 9 nay, passed
- Do Pass (March 31, 2025): 78 yea, 21 nay, passed
- Do Pass (March 25, 2025): 86 yea, 13 nay, passed
Subjects: Housing, Taxation, Revenue, State, Taxation--Property, Taxation--Individual Income
Common questions
- What is HB831?
- HB831 is a bill in the Montana Legislature (2025 Regular Session): Increase elderly homeowner and renter income tax credit.
- What does HB831 do?
- In its own words: An act revising the elderly homeowner and renter income tax credit; revising the definition of household income; increasing the maximum credit amount; revising the phaseout of the credit; providing an inflationary adjustment for the income at which the credit phases out; amending sections 15-30-2337 and 15-30-2340, mca; repealing sections 4, 5, 9 and 10, chapter 476, laws of 2021; and providing an immediate effective date and a retroactive applicability date.
- What is the status of HB831?
- Chaptered as of July 23, 2025. Latest action: (H) Veto Override (July 23, 2025).
- Who sponsored HB831?
- Nikolakakos, George (R, 22).
- Where is the official record for HB831?
- On the Montana Legislature website: https://bills.legmt.gov/#/laws/bill/2/LC2505
Source: official Montana record. Tracked by Delilah, AI for legislation across all 50 states and Congress.