Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.
| State or Territory: | Montana |
| Effected Jurisdiction: | Montana |
Jurisdiction type: | State or Territory |
| Fiscal year ending In: | 2020 |
| Program name: | Montana Board of Investments Commercial Loan Program |
| Program purpose: | Job Creation/Retention |
| Statutory authority: | (not specified) |
| Abating jurisdiction(s): | State of Montana |
| Applicable taxes: | Corporate Income Tax; Individual Income Tax |
| Method of abatement: | Tax Credit |
| Provisions for recapture: | BOI may increase the interest rate commensurate with the number of jobs eliminated if the borrower eliminates 10 or more qualifying jobs. |
| Gross revenue loss: | $13,955,000 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $13,955,000 |
| Type of loss: | Active |
| Additional notes on dislosure: | (none) |
| Document source: | https://sfsd.mt.gov/SAB/acfr/index |
