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HJ 2

Revenue estimating resolution

2025 Regular Session Introduced by Larry Brewster

Montana establishes official state revenue projections for budget planning, but missed the statutory transmission deadline in May 2025.

(H) Missed Deadline for Revenue Estimating Resolution Transmittal
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Bill Summary · HJ 2

Legislative bill overview

HJ 2 is Montana's revenue estimating resolution, which establishes the official baseline revenue projections that the state legislature uses for budget planning and fiscal forecasting. This technical resolution sets the expected revenues from various tax sources and other income streams for the upcoming fiscal period.

Why is this important

Revenue estimates directly determine how much money the legislature believes is available to spend on programs, services, and debt obligations. Accurate estimates are critical because overestimating revenues can lead to budget shortfalls and cuts mid-year, while underestimating leaves money on the table that could fund priorities.

Potential points of contention

  • Accuracy of projections: Different economic assumptions (growth rates, inflation, employment) can significantly alter estimates and create political disputes over fiscal capacity
  • Timing and missed deadline: The May 22 missed deadline suggests potential delays in the budget process, which can complicate legislative planning and appropriations decisions
  • Political leverage: Controlling revenue estimates gives majorities power to influence what spending levels are deemed "affordable" throughout the budget cycle

Compiled from official sources — confirm details with the bill’s official record.

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