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Montana Lower State Income Tax Rates Measure (2016)

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Lower State Income Tax Rates Measure
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TypeLegislatively referred state statute
OriginMontana Legislature & Governor
TopicTaxes
StatusNot on the ballot

Not on Ballot
Proposed ballot measures that were not on a ballot
This measure was not put
on an election ballot

A Montana Lower State Income Tax Rates Measure did not make the November 8, 2016 ballot in Montana as a legislatively referred state statute. The measure, upon voter approval, would have lowered the state's income tax rates by 10 percent.[1]

Text of measure

Statute changes

The measure would have amended Section 15-30-2103 of the Montana Code Annotated. The struck-through text would have been deleted and the underlined text would have been added by the proposed measure's approval:[1]

15-30-2103. Rate of tax.

(1) There must be levied, collected, and paid for each tax year upon the taxable income of each taxpayer subject to this tax, after making allowance for exemptions and deductions as provided in this chapter, a tax on the brackets of taxable income as follows:

(a) on the first $2,300 of taxable income or any part of that income, 1% 0.9%;
(b) on the next $1,800 of taxable income or any part of that income, 2% 1.8%;
(c) on the next $2,100 of taxable income or any part of that income, 3% 2.7%;
(d) on the next $2,200 of taxable income or any part of that income, 4% 3.6%;
(e) on the next $2,400 of taxable income or any part of that income, 5% 4.5%;
(f) on the next $3,100 of taxable income or any part of that income, 6% 5.4%;
(g) on any taxable income in excess of $13,900 or any part of that income, 6.9% 6.3%.

(2) By November 1 of each year, the department shall multiply the bracket amount contained in subsection (1) by the inflation factor for that tax year and round the cumulative brackets to the nearest $100. The resulting adjusted brackets are effective for that tax year and must be used as the basis for imposition of the tax in subsection (1) of this section.[2]

Support

Supporters

Opposition

Opponents

  • MEA-MFT[3]
  • Montana Budget & Policy Center
  • Montana Organizing Project
  • Montana Human Rights Network
  • Montana Coalition Against Domestic Social Violence

Path to the ballot

See also: Laws governing ballot measures in Montana

A simple majority was required in both chambers of the legislature to place the legislatively referred state statute on the ballot in Montana.

See also

External links

Footnotes

  1. 1.0 1.1 Montana Legislature, "House Bill 266," accessed February 5, 2015
  2. Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.
  3. 3.0 3.1 Helena Independent Record, "Groups oppose tax cut referendum," February 5, 2015
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