summary
Introduced
03/24/2025
03/24/2025
In Committee
04/01/2025
04/01/2025
Crossed Over
Passed
Dead
05/20/2025
05/20/2025
Introduced Session
2025 Regular Session
Bill Summary
AN ACT ENTITLED: “AN ACT REVISING THE COAL SEVERANCE TAX COAL WASHING CREDIT; EXTING THE TERMINATION DATE OF THE CREDIT; AMING SECTION 7, CHAPTER 433, LAWS OF 2009, AND SECTION 352, CHAPTER 1, LAWS OF 2015; AND PROVIDING AN IMMEDIATE EFFECTIVE DATE.”
AI Summary
This bill extends the termination date for two specific amendments related to the coal severance tax coal washing credit in Montana. The bill changes the existing law to push back the expiration date of amendments defining "coal washing" and revising the definition of "contract sales price" from July 1, 2017, to July 1, 2027 (in the first section) and from July 1, 2017, to July 1, 2025, and then to July 1, 2027 (in the second section). Additionally, the bill requires the secretary of state to send a copy of the act to each federally recognized tribal government in Montana and specifies that the act becomes effective immediately upon passage and approval. The changes appear to be technical amendments related to tax credits for coal processing, extending the period during which certain definitional changes and tax credit provisions remain in effect.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
(H) Died in Process (on 05/20/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://bills.legmt.gov/#/laws/bill/2/LC2266 |
State Bill Page | https://bills.legmt.gov/#/lc/bill/2/LC2266 |
Fiscal Note HB0858_1 | https://docs.legmt.gov/download-ticket?ticketId=0a9fc21f-2914-4692-8179-e653f0563815 |
BillText | https://docs.legmt.gov/download-ticket?ticketId=318e4c73-0a34-477f-9764-18d467adf1c9 |
BillText | https://api.legmt.gov/docs/v1/documents/getContent?documentId=297032 |
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