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Committee hears bill to restore tax exemptions for ammunition-component manufacturers
Summary
Representative Edward Byrne introduced House Bill 329 to remove a 10-year sunset from the Montana Ammunition Availability Act and restore tax exemptions intended to attract ammunition-component manufacturers to Montana.
Representative Edward Byrne, sponsor of House Bill 329, told the House Taxation Committee on the bill’s hearing that HB 329 would remove the 10-year sunset from the Montana Ammunition Availability Act to restore tax exemptions intended to encourage manufacturers of ammunition components to locate in Montana.
The bill, Byrne said, would "remove the 10 year sunset in Montana Code Annotated part 2, Montana Ammunition Availability Act, 30-20-201 through 30-20-206," and reinstate provisions he described as the law’s original intent. Byrne said the fiscal note remains $0 because, he said, there are currently no eligible businesses in Montana that would immediately claim the exemptions.
The committee heard three proponents in person. Gary Marbut,…
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