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:
2018
Program name:
Montana Board of Investments Commercial Loan Program
Program purpose:
Infrastructure
:
Statutory authority:
(not specified)
:
Abating jurisdiction(s):
State of Montana
:
Applicable taxes:
Corporate Income Tax; Individual Income Tax
Method of abatement:
Loan; tax credit
:
Provisions for recapture:
If the basic sector business does not create the required jobs within the four-year period, then the basic sector business must pay down the loan balance of the local government entity until the loan balance matches the eligible amount per the jobs created.
:
Gross revenue loss:
$1,396,000
:
Reimbursement / offset:
$0
:
Net revenue loss:
$1,396,000
:
Type of loss:
Active
:
Additional notes on dislosure:
(none)
