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Billings Gazette: New tax break hopes to draw military veterans to Montana, says governor

11.09.23 |

News

Montana Gov. Greg Gianforte visited Billings Wednesday to talk about a new law designed to support veterans and attract retired military personnel to the state.

“When veterans move or come home to Montana, our communities benefit, and our state is stronger,” Gianforte said. “We needed to make Montana more competitive to veterans, and thanks to support from our partners in the legislature and countless advocates, we got it done.”

During a visit to Red Oxx, a second-generation veteran-owned business in Billings, the governor highlighted Senate Bill 104, sponsored by Sen. John Fuller, R-Kalispell, that exempts up to 50 percent of military retirement pay from the state income tax.

The bill will go into effect Jan. 1.

Read the more from the entire original publication HERE.

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