Helena, Montana – A bill to create a state child tax credit in Montana has begun to make its way through a committee.
The Montana House Taxation Committee heard it on Friday.
Representative Ed Stafman of Bozeman is the author of the bill, which establishes a $600 and a $1,200 child tax credit for kids between the ages of 6 and 18 respectively.
The proposed credit would be refundable, so a family would still receive it even if they did not owe any taxes that year.
The full credit would be available for incomes at or below:
• $65,000 for every married individual who files a joint return and for every surviving spouse
• $55,000 for every head of household, and
• $45,000 for every individual other than a surviving spouse or head of household who is not a 2 married individual.