This bill revises the Infrastructure Loan Program and the Infrastructure Use Fee Tax Credit in Montana. Key changes include the removal of eligibility criteria that allowed for the increase of wages or incomes of existing employees and employers as a factor in loan decisions. Additionally, the bill prohibits the claiming of the infrastructure use fee as both a tax credit and a deduction, ensuring that businesses cannot benefit from the same fee in multiple ways.

The bill amends several sections of the Montana Code Annotated (MCA), specifically Sections 17-6-309, 17-6-311, and 17-6-316. Notable amendments include the insertion of language that clarifies the conditions under which loans can be made and the stipulation that tax credits cannot be claimed if the infrastructure use fee has been deducted. The bill also establishes that it applies to infrastructure loans made on or after its effective date and tax credits claimed after December 31, 2025.

Statutes affected:
LC Text: 17-6-309, 17-6-311, 17-6-316
HB0016_1(1): 17-6-309, 17-6-311, 17-6-316
HB0016_1(2): 17-6-309, 17-6-311, 17-6-316
HB0016_1(3): 17-6-309, 17-6-311, 17-6-316
HB0016_1(4): 17-6-309, 17-6-311, 17-6-316
HB0016_1(5): 17-6-309, 17-6-311, 17-6-316
HB0016_1(6): 17-6-309, 17-6-311, 17-6-316
HB0016_1(7): 17-6-309, 17-6-311, 17-6-316
HB0016_1(8): 17-6-309, 17-6-311, 17-6-316
HB0016_1: 17-6-309, 17-6-311, 17-6-316
HB0016_2: 17-6-309, 17-6-311, 17-6-316
HB0016_X(1): 17-6-309, 17-6-311, 17-6-316
HB0016_X(10): 17-6-309, 17-6-311, 17-6-316
HB0016_X(2): 17-6-309, 17-6-311, 17-6-316
HB0016_X(3): 17-6-309, 17-6-311, 17-6-316
HB0016_X(4): 17-6-309, 17-6-311, 17-6-316
HB0016_X(5): 17-6-309, 17-6-311, 17-6-316
HB0016_X(6): 17-6-309, 17-6-311, 17-6-316
HB0016_X(7): 17-6-309, 17-6-311, 17-6-316
HB0016_X(8): 17-6-309, 17-6-311, 17-6-316
HB0016_X(9): 17-6-309, 17-6-311, 17-6-316
HB0016_X: 17-6-309, 17-6-311, 17-6-316