Montana Adopts New Broadband and Business Tax Bills – What About Offering Starlink to Rural Locations?
The policy creates a grant program under the state Department of Commerce to fund broadband projects around Montana. It’ll use $275 million of the money Montana received from federal government stimulus.
One of the new laws will exempt qualifying businesses from paying capital gains tax on the sale of employee-owned stock if they move to Montana and hire locals. Another will simplify the corporate income tax system to tax out-of-state digital retailers and reduce the tax burden on in-state businesses.
Democrats voted against the tax proposals, saying they benefit wealthy Montanans instead of those who need financial help the most.
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