Archive for Taxation
Tax credit for working poor gains House’s OK
Posted by:By CHARLES S. JOHNSON
With bipartisan support, the Montana House Wednesday tentatively approved a tax credit aimed at poor, working families. It marks the first time a bill providing a state earned income tax credit has passed a Montana legislative chamber.
House Bill 360, by Rep. Mary Caferro, D-Helena, won debate-stage approval by 65-35. It was sent to the House Appropriations Committee for review because of its estimated cost of $27.5 million a year, starting in fiscal 2010. Caferro pegged the cost at $24 million. Read More→
SB 250 - Fighting for Consumers
Posted by:SB 250, sponsored by Senator Dave Wanzenried was heard Monday before the House Judiciary committee. SB 250, titled “Strengthen Protection Against Counterfeit Marks or Logos” will protect business and consumers from counterfeit production of commercial products for sale here in Montana. Read More→
Representative Margaret MacDonald (D – Billings) is bringing change to the bio-fuel industry for small business’ and industry throughout Montana. In a press conference on Monday, MacDonald described hurtles that small farmers face when trying to process and use their own biodiesel. These bills “will make it possible for farmers and ranchers to form small business ventures and cooperatives” and thrive in Montana she said. Read More→
"I think that it’s going to all work out, with the changes that we have agreed to. It’s not as much (spending for some programs) as I would’ve hoped, but apparently it’s more than other people wanted. As usual, we are trying to find the middle.” 
"[On term limits:] You empower the executive, you empower the lobbyists and that's not good for the system because then we lose what the citizen Legislature brings.” 