With week five of the legislative session beginning to wind down, Gov. Greg Gianforte held a press conference Thursday to update Montanans on his efforts.
Standing alongside Lt. Gov. Kristen Juras, Gianforte continued to hail his Red Tape Relief Plan. With many bills related to the campaign making their way through the legislature, including a bill that would raise the business equipment tax exemption up to $1 million.
“Taken together with our work last session, we’ll eliminate the business equipment tax for 5,000 small businesses across the state,” said Gianforte. “To build stronger families, we’re proposing a $1,200 dollar child tax credit for kids under six. And we proposed an adoption tax credit so every child can live in a home where they can reach their full God-given potential.”
“We began by doing templates, setting deadlines,” said Juras of the Red Tape Relief Effort. “What is a burdensome regulation? What should you be looking at to identify as candidates for reform? So we worked on metrics on how to identify them.”
Gianforte added he wants his budget proposals to pass as soon as possible so Montanans can get relief right away. In the house on Wednesday, several proposals were approved on second reading, including rebates of up to $1,250 dollars on income taxes and $1,000 on property taxes.