tax

A tax on medical marijuana is now on it’s way to the governor's desk after passing out of the House Tuesday morning.

A signature from Governor Steve Bullock is now all that stands in the way of a tax on medical marijuana providers becoming law.

House Bill 473 would impose the first increase to Montana’s gas tax increase since the early 1990s, when the tax was raised to the current charge of 27 cents per gallon.

The new tax proposed by the House, in March, calls for an additional 8 cent tax increase per gallon of gas. But that was too high for the Senate. So, this week the Senate passed a compromise: 4.5 cents per gallon, going up to 6 cents by 2023.

A proposal to increase tobacco taxes, which would also impose Montana's first ever tax on vapor and e-cigarettes got its first debate in the Senate Monday morning. The bill introduced by Helena Democrat Mary Caferro calls for a $1.50 tax increase on a pack of cigarettes, and at least that much on standard cans of chew. It also proposes 24 percent tax increase on the wholesale price of all tobacco products, including cigarettes and snuff.

Montana Office of Tourism

Lawmakers are considering whether to give local governments the authority to ask their voters to approve a local option sales tax. The money raised would be used to provide property tax relief and pay for public works projects. 

Senate Bill 331 is based on the existing resort tax model that’s assessed on goods and services purchased by tourists.  Current state law restricts the resort tax only for communities with a population under 5,500 and draw a high number of tourists. Local residents vote to impose this tax. The money collected pays for public works projects and property tax relief.