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Senate Tax hears bill to let retailers subtract half of net income from Montana‑made product sales to boost local producers
Summary
Senator Cora Newman introduced Senate Bill 371 to allow retailers to subtract 50% of net income from retail sales of qualifying Montana‑produced products sold to final consumers, a voluntary incentive intended to increase shelf space for local goods.
Senate Bill 371, introduced by Senator Cora Newman (R‑Senate District 30), would allow a retailer to subtract 50% of net income derived from retail sales of qualifying Montana‑produced goods sold to the final consumer. Newman said the aim is to level the playing field between local Montana producers and large national suppliers that secure prominent shelf space through distribution agreements and slotting incentives.
Why it matters: witnesses and the sponsor framed the measure as a supply‑chain and food‑security policy. Proponents argued local producers lose an outsized share of the consumer food dollar (testimony cited long‑term decline from 70% self‑sufficiency to a reported 3% today) and that improving retailer incentives to…
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