Revenue & Transportation Committee to Adopt Work Plan, Begin Studies - news.mt.gov

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Revenue & Transportation Committee to Adopt Work Plan, Begin Studies

Friday, September 18, 2015/Categories: Legislative Branch/Tags: Revenue & Transportation Interim Committee

The Revenue and Transportation Interim Committee meets September 24-25 in Room 152 of the Capitol Building in Helena beginning at 8 a.m. each day. The committee’s agenda includes discussion of a revised work plan that outlines study plans for the committee’s nine study topics. Those study topics are: tax increment financing, the Highway State Special Revenue Account, the elderly homeowner and renter income tax credit, the adequacy of local government revenue generating capacity, the treatment of intangible property for centrally assessed property valuation, property taxable value neutrality, nonprofit reporting of community benefits, tax liens and deeds, and the taxation of international corporations doing business in Montana.

The committee will also receive background information for each study topic except for the the tax increment financing study and the tax liens and deed study, which will be on the agenda of a future meeting. Public input is welcome on all study topics.

The committee will also receive a 2015 Fiscal Year End report from the Legislative Fiscal Division and agency updates from the Departments of Revenue and Transportation and the Montana Tax Appeal Board.

Materials for the upcoming meeting are available on the committee website. Interested parties are encouraged to sign up for email updates of committee activities.

Questions about the upcoming meeting or the activities of the Revenue and Transportation Interim Committee may be directed to committee staff, Megan Moore, at 406-444-4496 or memoore@mt.gov.

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