New or Expanded Industry Credit
This credit was repealed by the 2021 Montana State Legislature.
The New or Expanded Industry Credit is for businesses creating new manufacturing jobs in Montana.
Eligibility
Manufacturing companies which increase total full-time employment by at least 30% in Montana.
Benefit
1% of total wages paid to new employees.
The credit is available for the first three years after initiation or expansion of manufacturing operations.
Carry Over
This credit cannot be carried forward or backward.