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Panel debates $500 tax credit for longtime residents; CPAs and budget analysts urge no
Summary
Rep. Lucas Schubert proposed a $500 income‑tax credit for Montanans who have lived in the state at least 10 years and earn under $100,000; the Montana Society of CPAs and the Montana Budget and Policy Center opposed the proposal citing complexity, fairness, and potential constitutional questions.
Representative Lucas Schubert opened House Bill 839 to the House Taxation Committee as a $500 income‑tax credit for residents who have lived in Montana at least 10 years and whose income is below $100,000. Schubert framed the credit as a conservative, modest reward for longtime residents and said a fiscal note would follow.
Opponents told the committee the bill raises technical…
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