Straight-ahead summaries built from the official bill text. We keep the source links front and center and leave the decision up to you.
SB536 • 2025
Revise contractor gross receipts tax
The latest official action shows the governor vetoed this bill. Check the bill history to see whether lawmakers later overrode that veto.
Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.
Revise contractor gross receipts tax
These notes stay tied to the official amendment files and metadata from the legislature.
Plain English: Amendment - 1st Reading-white - Requested by: Greg Hertz - (S) Taxation - 2025 69th Legislature 2025 Drafter: Jaret Coles, SB0536.001.001 - 1 - Authorized Print Version – SB 536 1 SENATE BILL NO.
(S) Veto Override Failed in Legislature
(S) Veto Override Vote Mail Poll in Progress
(S) Vetoed by Governor
(H) Signed by Speaker
(S) Transmitted to Governor
(S) Signed by President
(S) Returned from Enrolling
(S) Scheduled for 3rd Reading
(S) 3rd Reading Passed as Amended by House
(S) Sent to Enrolling
(S) Scheduled for 2nd Reading
(S) 2nd Reading House Amendments Concurred
(H) Scheduled for 3rd Reading
(H) 3rd Reading Concurred
(H) Returned to Senate with Amendments
(H) Committee Report--Bill Concurred
(S) Revised Fiscal Note Received
(H) Committee Executive Action--Bill Concurred
(S) Fiscal Note Unsigned
(S) Revised Fiscal Note Printed
(H) Scheduled for 2nd Reading
(H) 2nd Reading Concurred
(H) Rereferred to Committee
(H) Hearing
(H) Committee Executive Action--Bill Concurred as Amended
(H) Committee Report--Bill Concurred as Amended
(S) Revised Fiscal Note Requested
(S) Revised Fiscal Note Printed
(S) Revised Fiscal Note Received
(S) Fiscal Note Unsigned
(H) Hearing
(H) Referred to Committee
(S) Revised Fiscal Note Requested
(H) First Reading
(S) Scheduled for 3rd Reading
(S) 3rd Reading Passed
(S) Transmitted to House
(S) Committee Executive Action--Bill Passed
(S) Committee Report--Bill Passed
(S) Scheduled for 2nd Reading
(S) 2nd Reading Passed
(S) Rereferred to Committee
(S) Hearing
(S) Fiscal Note Printed
(S) Committee Executive Action--Bill Passed as Amended
(S) Committee Report--Bill Passed as Amended
(S) Hearing
(S) Fiscal Note Received
(S) Fiscal Note Unsigned
(S) Referred to Committee
(S) Fiscal Note Requested
(LC) Draft Delivered to Requester
(S) Introduced
(LC) Draft in Input/Proofing
(LC) Draft in Final Drafter Review
(LC) Draft in Assembly
(LC) Draft Ready for Delivery
(LC) Draft in Edit
(LC) Draft in Legal Review
(LC) Draft Taken Off Hold
(LC) Draft Taken Off Hold
(LC) Draft On Hold
(LC) Drafter Assigned
Revise contractor gross receipts tax
- 2025 69th Legislature 2025 SB 536 - 1 - Authorized Print Version – SB 536 ENROLLED BILL AN ACT REVISING THE CONTRACTOR'S GROSS RECEIPTS TAX; PROVIDING THAT A CREDIT MAY BE CLAIMED BY AN EMPLOYEE STOCK OWNERSHIP PLAN COMPANY; EXTENDING THE TIMEFRAME TO CLAIM THE CREDIT; PROVIDING THAT THE CREDIT MAY OFFSET CERTAIN REAL PROPERTY TAXES; PROVIDING RULEMAKING AUTHORITY; AMENDING SECTION 15-50-207, MCA; PROVIDING FOR APPLICABILITY; AND PROVIDING A DELAYED EFFECTIVE DATE. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MONTANA: Section 1. Section 15-50-207, MCA, is amended to read: "15-50-207. Credit against other taxes -- credit for real and personal property taxes and certain fees -- employee stock ownership plan company -- rulemaking. (1) (a) The additional license fees withheld or otherwise paid as provided in this chapter may be used as a credit or a refund, depending on the type of tax the contractor is required to pay under the laws of the state as follows: (i) on the contractor's corporate income tax provided for in chapter 31 of this title or; (ii) on the contractor's income tax provided for in chapter 30; or (iii) as a refund using a form promulgated by the department if the contractor is exempt from corporate or individual income taxes because of the contractor's status as an employee stock ownership plan corporation that is 100% owned by the employees, depending upon the type of tax the contractor is required to pay under the laws of the state. (b) The department may adopt rules to administer the refund provided for in subsection (1)(a)(iii). (b)(c) The credit allowed under this subsection (1) may be used as a carryforward against taxes imposed by chapter 30 or 31 for the 5 7 succeeding tax years. The entire amount of the credit not used in the year earned must be carried first to the earliest tax year in which the credit may be applied and then to each succeeding tax year. - 2025 69th Legislature 2025 SB 536 - 2 - Authorized Print Version – SB 536 ENROLLED BILL (2) Personal Real property taxes, except those imposed on class four residential property, personal property taxes, and the fee in lieu of tax on buses, trucks having a manufacturer's rated capacity of more than 1 ton, or truck tractors, as provided in 61-3-529, and the registration fee on light vehicles, as provided in 61-3-321(2) and 61-3-562, paid in Montana on any real property, personal property, or vehicle of the contractor that is used in the business of the contractor and is located within this state may be credited against the license fees required under this chapter. However, in (3) In computing the tax credit allowed by this section against the contractor's income tax or corporate income tax, the tax credit against the license fees required under this chapter may not be considered as license fees paid for the purpose of the income tax or corporate income tax credit. (4) A taxpayer that claims a credit allowed by this section against the contractor's real property taxes shall submit proof to the department that all property taxes in the state that are owed by the contractor are paid in full." Section 2. Effective date. [This act] is effective January 1, 2026. Section 3. Applicability. [This act] applies to accrued credit carryforwards that are available to a contractor but not claimed because of the contractor's status as an employee stock ownership plan corporation that is 100% owned by the employees. - END - I hereby certify that the within bill, SB 536, originated in the Senate. ___________________________________________ Secretary of the Senate ___________________________________________ President of the Senate Signed this _______________________________day of____________________________________, 2025. ___________________________________________ Speaker of the House Signed this _______________________________day of____________________________________, 2025. SENATE BILL NO. 536 INTRODUCED BY G. HERTZ AN ACT REVISING THE CONTRACTOR'S GROSS RECEIPTS TAX; PROVIDING THAT A CREDIT MAY BE CLAIMED BY AN EMPLOYEE STOCK OWNERSHIP PLAN COMPANY; EXTENDING THE TIMEFRAME TO CLAIM THE CREDIT; PROVIDING THAT THE CREDIT MAY OFFSET CERTAIN REAL PROPERTY TAXES; PROVIDING RULEMAKING AUTHORITY; AMENDING SECTION 15-50-207, MCA; PROVIDING FOR APPLICABILITY; AND PROVIDING A DELAYED EFFECTIVE DATE.