House Bill No. introduced by C. Hinkle and others proposes the establishment of a program by the Montana Legislature to return excess revenue to resident income taxpayers. The bill allows the legislature to enact income tax refunds when the state has surplus revenue, and it outlines considerations for the program, including the revenue threshold for triggering refunds, calculation methods for refund amounts, eligibility requirements, and distribution processes.

Additionally, the bill includes provisions for codification, stating that the new section will be integrated into Title 15 of the Montana Code. It also specifies that the act will take effect upon approval by the electorate and mandates that it be submitted to qualified voters during the general election in November 2026, with a ballot that includes options for voting "YES" or "NO" on the legislative referendum.