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Montana Rural Cost Relief and Agricultural Input Tax Reduction Act

Status: HopperState: MontanaIssue: Inflation

Summary

This bill would temporarily cut Montana state taxes and regulatory fees for 18 months on dyed farm diesel, qualifying fertilizer and seed inputs, and essential rural in-state freight. It also requires streamlined eligibility rules and a public review of price and budget effects before the tax relief expires.

Full text

An Act to reduce inflationary pressure on Montana families, farms, and ranches by providing a temporary 18-month reduction of state taxes and regulatory fees on dyed agricultural diesel, qualifying fertilizer and seed inputs, and essential intrastate rural goods transportation; directing the Department of Revenue and relevant state agencies to implement streamlined eligibility and reporting standards for licensed producers, cooperatives, and in-state carriers; and requiring a public review of price impacts and fiscal effects before expiration to determine whether the relief should sunset as scheduled.