Montana legislation · 2025 Regular Session
Montana HB839: Provide income tax credit for certain long-time residents
Status: Failed, May 20, 2025
What the bill says
A bill for an act entitled: "an act providing an income tax credit for certain longtime residents of the state; providing an income limit; providing a definition; amending section 15-30-2303, mca; and providing an applicability date.".
From the engrossed text:
A BILL FOR AN ACT ENTITLED: "AN ACT PROVIDING AN INCOME TAX CREDIT FOR CERTAIN LONGTIME RESIDENTS OF THE STATE; PROVIDING AN INCOME LIMIT; PROVIDING A DEFINITION; AMENDING SECTION 15-30-2303, MCA; AND PROVIDING AN APPLICABILITY DATE." BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MONTANA: NEW SECTION. Section 1. Montana 10-year resident credit. (1) A taxpayer who has resided in the state for the prior 10 years and who has income of less than $100,000 is allowed a credit against the tax imposed by 15-30-2103. (2) A taxpayer is considered to have resided in Montana each year that the taxpayer resided in the state for at least 7 months of the year. (3) The amount of the credit allowed under this section is $500. (4) The credit may not be refunded and may not be carried to another tax year. (5) Pursuant to 5-4-104, the legislature finds that the purpose of the tax credit provided for in this section is to reduce the tax burden of long-time Montana residents. (6) For the purposes of this section, "income" has the same meaning as provided in 15-30-2337. Section 2. Section 15-30-2303, MCA, is amended to read: "15-30-2303. Tax credits subject to review by interim committee. (1) The following tax credits must be reviewed during the biennium commencing July 1, 2021, …
Sponsors
- Schubert, Lukas (R, 8) · primary sponsor
Latest actions
- : (H) Died in Process
- : (H) Missed Deadline for Revenue Bill Transmittal
- : (H) Tabled in Committee
- : (H) Fiscal Note Printed
- : (H) Fiscal Note Signed
- : (H) Fiscal Note Received
- : (H) 1st Reading
- : (H) Hearing
- : (H) Referred to Committee
- : (H) Fiscal Note Requested
Subjects: Taxation, Revenue, State, Taxation--Individual Income
Common questions
- What is HB839?
- HB839 is a bill in the Montana Legislature (2025 Regular Session): Provide income tax credit for certain long-time residents.
- What does HB839 do?
- In its own words: A bill for an act entitled: "an act providing an income tax credit for certain longtime residents of the state; providing an income limit; providing a definition; amending section 15-30-2303, mca; and providing an applicability date.".
- What is the status of HB839?
- Failed as of May 20, 2025. Latest action: (H) Died in Process (May 20, 2025).
- Who sponsored HB839?
- Schubert, Lukas (R, 8).
- Where is the official record for HB839?
- On the Montana Legislature website: https://bills.legmt.gov/#/laws/bill/2/LC4083
Source: official Montana record. Tracked by Delilah, AI for legislation across all 50 states and Congress.