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House passes bills
We have now completed the frst month of the 68th Montana Legislative Session.
The House has passed a total of six bills that are connected to each other and have to do with the current surplus of funds. We worked together to come up with a plan to use the access funds and disburse it to beneft ALL Montanans. These bill numbers are HB 192, HB 212, HB 221, HB 222 HB 251 and HB 267.
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HB 192 introduced by Bill Mercer provides for the distribution of surplus revenue to Montanans based on certain individual income liability. It allows for the transfer of $480 million from the General Fund to be distributed by December 31, 2023, to qualifed taxpayers who incurred individual income tax liability in Montana in 2021. It will be determined by the amount listed on line 20 of their tax return. The amount is up to $1,250 for an individual or $2,500 for married couples fling a joint return.