ANNOUNCEMENT 11 May 2017

The level of abatement is raised from 50% to 75%.

 

 

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 01 Jan 2018 | Removal date: open ended
Still in force

Tax or social insurance relief

On May 11, 2017 the governor of Montana signed into law a bill (HB 226) that expands the existing incentives that local governments in that state may make available for new and expanding industries. Under existing law, the level of local option tax abatement available for the first five years was restricted to 50% of the value of the investment; the new bill raised this level to 75%. New property put in place starting in tax year 2018 is eligible for this expanded abatement.

AFFECTED SECTORS

 
N/A

AFFECTED PRODUCTS

 
N/A