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Committee hears bill expanding military retirement income exemption to attract retirees to Montana
Summary
Sen. John Fuller said his bill would change eligibility dates and remove a five‑year residency limit so more military retirees could qualify for a subtraction from state income tax; proponents said it would incentivize retirees to settle and create economic activity, while DOR staff clarified residency mechanics.
Sen. John Fuller opened a House Taxation Committee hearing on Senate Bill 93, describing the measure as amendments to Montana Code Annotated provisions governing the military retirement income exemption. The sponsor said the bill changes a residency cutoff and removes a five‑consecutive‑year limitation to expand eligibility for the subtraction.
Fuller told the committee the bill alters residency rules — moving the relevant date to Sept. 11, 2001 — and eliminates a five‑consecutive‑year requirement in the existing language. He and proponents said the change is…
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