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Coal washing tax credit debated as industry warns of job and revenue risks
Summary
Supporters of HB 858 argued extending the coal washing tax credit helps maintain washed‑coal markets, jobs and local revenues; opponents said the credit is an ongoing business deduction benefiting a profitable operator and urged its expiration.
Representative Larry Brewster opened HB 858 to extend a coal washing severance‑tax credit through 2027. Industry witnesses, including Signal Peak Energy representatives and the Montana Coal Council, urged passage, describing the credit as a value‑added deduction that helps maintain market access for washed coal and preserves local jobs and tax revenues. Montanan officials and the mayor of Roundup highlighted community dependence on the mine and a foundation that funnels local benefits to hospitals, law…
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