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What the governor called 'the largest tax cut in Montana history' provides rebates up to $2,250 for Montanans who own their homes, pays down state debt, and invests in highways.
Gov. Greg Gianforte speaks on the steps of the Montana Capitol Monday, March 13 during a event where he formally signed a billion-dollar package of Republican tax cut bills.
Flanked by dozens of Republican lawmakers on the steps of the state Capitol, Gov. Greg Gianforte signed a tax cut, rebate and spending package totaling more than $1 billion Monday.
The eight-bill package, which provides short-term property and income tax rebates and also cuts state income taxes on an ongoing basis, puts a major slice of the state's estimated $2.5 billion budget surplus toward what the governor called "the largest tax cut in Montana history."
The bills also cut the state's business equipment tax, pay off $125 million of state debt, restructure the state's corporate income tax,...
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