Montana Governor Gianforte Signs Key Bills into Law.

1 min read
Source: Montana Free Press
Montana Governor Gianforte Signs Key Bills into Law.
Photo: Montana Free Press
TL;DR

Montana's Republican-controlled Legislature has directed $899 million from the state's budget surplus towards income and property tax rebates. Taxpayers who were full-year Montana residents and paid their state taxes on 2020 and 2021 income on time will receive a rebate of up to $1,250 for their 2021 taxes. Homeowners are eligible for up to $675 a year for their 2022 and 2023 property taxes on their principal residence. Taxpayers do not need to do anything to receive the income tax rebate, but they need to apply for the property tax rebate.

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