MT HB908

Expands the definition of "qualifying new employee" under Montana's job growth incentive tax credit to include apprentices in the construction industry, allowing employers to count these apprentices toward credit eligibility

Removes the restriction that prevented taxpayers from claiming both the job growth incentive tax credit and the apprenticeship tax credit in the same tax year

Eliminates the December 31, 2028 sunset date on the job growth incentive tax credit, making it permanent

Credit equals 50% of the employer's estimated FICA taxes on wages paid to qualifying new employees and can be claimed for up to 7 years with a 10-year carryforward for unused credits

Qualifying employers must demonstrate net employee growth of at least 10 new employees in the first year (5 in counties with population 20,000 or less) in sectors including construction, natural resources, mining, agriculture, forestry, manufacturing, transportation, utilities, or outdoor recreation