Montana House endorses bill to repeal alternative-energy, other income-tax credits
HELENA — Republicans in the Montana House voted Monday to increase state income-tax revenue — by repealing more than a dozen tax credits, including several that benefit installers of energy-conservation and alternative-energy systems.
On a largely party-line vote with Republicans in favor, the House voted 56-44 for House Bill 144, which would repeal the tax credits starting next year and increase state income-tax revenue by an estimated $5 million annually.
“We’re always looking for revenue,” said the bill’s sponsor, Rep. Alan Redfield, R-Livingston. “Why should I as a taxpayer have to subsidize someone else’s taxes? Or energy savings? If it’s an energy saving, it’s making money on its own. We shouldn’t have to pay for it, too.”
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