Tax Break Tracker Individual Entry

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: 
Montana
Reporting Jurisdiction: 
Montana
Jurisdiction type
State
Fiscal year ending In: 
2020
Program name: 
Montana Board of Investment 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
$6,476,000
Reimbursement / offset
$0
Net revenue loss
$6,476,000
Type of loss
Active
Additional notes on dislosure: 
(none)