LC 3248 Legislature · 2025 Regular Session

Generally revise agriculture laws - MT made products

This bill amends Montana's tax code to adjust how state taxable income is calculated from federal taxable income, ensuring consistency between federal and state tax rules. It primarily affects Montana taxpayers by adding certain federal deductions back into state taxable income while subtracting other items that are not taxed at the state level. The changes include adjustments for items like qualified business income deductions, state income tax deductions, and various savings account withdrawals, as well as clarifying treatment of military salaries and veteran benefits. These provisions aim to align Montana's tax calculations with federal tax law changes while maintaining the state's existing tax structure.
Bill status introduced 1 of 4 stages cleared
Introduction
Dec 2024
Committee Review
Floor Vote
Governor
Introduced Dec 14, 2024 Last action Feb 18, 2025
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