WeVote
Log In

Bill

JK

Bill

SB 323

Revise individual income tax rates and earned income credit

2025 Regular Session Introduced by Josh Kassmier

Montana bill proposing income tax rate revisions and earned income credit changes died in committee, missing statutory revenue bill deadlines.

(S) Died in Process
#revenue #state #taxation--individualincome #taxation
0
WeVote Research Nonpartisan
Bill Summary · SB 323

Legislative bill overview

SB 323 proposed revisions to Montana's individual income tax rates and the state's earned income tax credit (EITC). The bill did not advance through the legislative process, dying in committee during the 2025 session after missing statutory deadlines for revenue bill consideration.

Why is this important

Changes to income tax rates and earned income credits directly affect household budgets across Montana, influencing take-home pay for workers and potentially affecting state revenue. The EITC specifically targets lower-income working families, making it a policy tool for both tax burden and economic support.

Potential points of contention

  • Revenue impact: Any income tax rate reduction reduces state revenue unless offset by other measures or economic growth, affecting funding for schools, infrastructure, and services
  • Distributional effects: Changes to tax rates and EITC benefit different income groups unequally; lower-income workers might benefit from EITC expansion while higher earners benefit from rate cuts
  • Budget constraints: Montana faces competing spending priorities, and revenue changes must align with fiscal sustainability and existing budget obligations

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

Sign in to ask a question.