Bill
HB 652
Eliminate state taxes on veterans retirement
Bill would exempt veterans' retirement income from Montana state taxes, reducing state revenue but providing tax relief to military retirees.
Bill
HB 652
Bill would exempt veterans' retirement income from Montana state taxes, reducing state revenue but providing tax relief to military retirees.
HB 652 would eliminate Montana state income taxes on retirement income received by veterans. The bill sought to provide tax relief specifically to military retirees as a form of state recognition and financial support for their service.
Veterans represent a significant portion of Montana's population, and retirement income often comprises their primary financial resources. Tax exemptions can meaningfully impact household budgets for fixed-income retirees, though the state would lose corresponding tax revenue that funds public services.
Compiled from official sources — confirm details with the bill’s official record.
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