Montana § 15-31-175 Grow Montana Jobs -- Annual Job Growth Incentive Tax Credit

Montana Statutes

§ 15-31-175 — Grow Montana Jobs -- Annual Job Growth Incentive Tax Credit

Montana § 15-31-175

Title 15TAXATION

Ch. 31CORPORATE INCOME TAX OR ALTERNATIVE CORPORATE INCOME TAX

Part 1Corporate Income Tax Rate and Return

This text of Montana § 15-31-175 (Grow Montana Jobs -- Annual Job Growth Incentive Tax Credit) is published on Counsel Stack Legal Research, covering Montana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mont. Code Ann. § 15-31-175 (2026).

Text

15-31-175 . Grow Montana jobs -- annual job growth incentive tax credit.

(1)There is an annual job growth incentive tax credit against the taxes otherwise due under 15-31-121 or 15-31-122 that is allowable in the amount established pursuant to 15-30-2361 when a taxpayer hires qualifying new employees as defined in 39-11-404 in the state. The credit is administered as provided in 15-30-2361 , 39-11-404 , and this section.

(2)If the credit allowed under this section is claimed by a small business corporation as defined in 15-30-3301 or a partnership, the credit must be attributed to shareholders or partners using the same proportion to report the corporation's or partnership's income or loss for Montana income tax purposes.

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15-31-175 . Grow Montana jobs -- annual job growth incentive tax credit. (1) There is an annual job growth incentive tax credit against the taxes otherwise due under 15-31-121 or 15-31-122 that is allowable in the amount established pursuant to 15-30-2361 when a taxpayer hires qualifying new employees as defined in 39-11-404 in the state. The credit is administered as provided in 15-30-2361 , 39-11-404 , and this section.
(2) If the credit allowed under this section is claimed by a small business corporation as defined in 15-30-3301 or a partnership, the credit must be attributed to shareholders or partners using the same proportion to report the corporation's or partnership's income or loss for Montana income tax purposes.