Montana State Legislature

Tax Credit Review


House Bill No. 723 requires the Revenue Interim Committee to review tax credits each interim.  The table below shows the tax credits reviewed during the 2019-2020 interim and committee action related to each tax credit. The committee adopted a final report summarizing the results of the tax credit review.

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, do not review in future

CC01 adopted as committee bill

New or expanded industry

15-31-124 through 15-31-127

November 2019

Repeal credit

TC02 adopted as committee bill

Energy-conserving expenditures

15-30-2319, 15-32-109

April 2020

Increase credit to $800 and allow it to be refunded 

TC01 adopted as committee bill

Installing alternative energy systems 15-32-201 through 15-32-203 April 2020

Allow credit to be refunded 

TC03 adopted as committee bill

Elderly homeowners and renters 15-30-2337 through 15-30-2341 July 2020 Retain credit
Contractor's gross receipts 15-50-207 July 2020  Retain credit

The committee's work plan includes information on the review process.

Meeting Materials

Tax Credit Review Worksheet

September 11, 2020

August 25, 2020

  • Public comment on elderly homeowner and renter tax credit: AARP

July 21, 2020

April 29, 2020

November 18-19, 2019

September 24-25, 2019

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