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House committee hears mixed testimony on repeal of state tax on Social Security
Summary
Supporters urged eliminating Montana’s tax on Social Security benefits; budget and labor groups warned the fiscal note shows large revenue loss. No committee vote was taken.
House Bill 148, a proposal to exempt Social Security benefits from Montana state income tax, drew proponents who called the tax unfair to retirees and opponents who cited a large fiscal impact and risks to state services. The Appropriations Committee closed the hearing without taking a vote.
Representative Marshall, sponsor of HB 148, described the bill briefly and asked the committee for a due pass. Proponents included Fran Viereck, a longtime AARP Montana volunteer, who described paying state income tax on Social Security for 15 years and urged relief for seniors. Richard Bennett of Bozeman, a…
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