Citizen Portal
Sign In

Get Full Government Meeting Transcripts, Videos, & Alerts Forever!

Committee debates exempting Social Security from Montana income tax; proponents cite fairness, opponents cite $100M price tag

House Taxation Committee · January 15, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Representative Ron Marshall introduced HB148 to exempt Social Security benefits from state income tax. AARP and retiree groups supported the bill; the Montana Budget and Policy Center and MFPE warned it would cost more than $100 million annually and risk state services. The Department of Revenue offered federal thresholds and agreed to provide a memo and fiscal details before executive action.

Representative Ron Marshall opened the hearing on House Bill 148, which would exempt Social Security benefits from Montana income tax and adjust definitions and applicability dates.

Kristin Page Nye of AARP Montana testified in strong support, saying Montana remains "one of eight states that still taxes Social Security benefits" and that the change would help roughly 172,000 Montana retirees, especially those on fixed incomes paying for prescriptions and Medicare premiums. Brian Thompson (Association of Montana Retired Public…

Already have an account? Log in

Subscribe to keep reading

Unlock the rest of this article — and every article on Citizen Portal.

  • Unlimited articles
  • AI-powered breakdowns of topics, speakers, decisions, and budgets
  • Instant alerts when your location has a new meeting
  • Follow topics and more locations
  • 1,000 AI Insights / month, plus AI Chat
30-day money-back on paid plans