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HELENA — Governor Greg Gianforte’s proposed budget, which he calls the “Montana Comeback Plan,” asks the Legislature to pass a series of tax cuts, including a cut to the top income tax bracket and several cuts to business taxes.
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The Montana House Thursday offered its support to a bill that would exempt thousands of businesses from paying taxes on equipment, a major priority for Gov. Greg Gianforte. Lawmakers were also briefed on a proposal that would get rid of the tax entirely.
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The first state budget offered by Gov. Greg Gianforte includes tax cuts and a marginal increase in general fund spending.
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Montana Governor elect Greg Gianforte on Nov. 17 announced more transition advisory teams to review candidates to serve in his cabinet.