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.”
Related Stories:
-
Ken Bogner cites his military and legislative background in House race
-
Tester introduces bill to halt Postal Service consolidation
-
Greenwood leads fundraising in race for Clerk of the Supreme Court
-
Lewis and Clark County OKs $197,200 contract for Lake Helena Improvement Project
-
Japanese government awards $5 million to UM’s Mansfield Center
