MT HJ2

Establishes official general fund revenue estimates of $3.266 billion for FY 2025, $3.532 billion for FY 2026, and $3.567 billion for FY 2027 to achieve a balanced budget as required by the Montana Constitution

Accepts a preliminary unassigned general fund balance of $1.028 billion from FY 2024 for budget purposes

Individual income tax remains the largest revenue source, projected at $2.166 billion (FY 2025), $2.284 billion (FY 2026), and $2.340 billion (FY 2027), accounting for approximately 66% of general fund revenue

Projects declines in coal severance tax revenue (from $18.2 million in FY 2024 to $13.4 million in FY 2027) and cigarette tax revenue (from $20.9 million to $18.2 million), while marijuana tax revenue is expected to grow from $31.8 million to $35.9 million

Directs the Governor's Office of Budget and Program Planning to use these revenue estimates and underlying economic assumptions as official projections for fiscal note development and budget planning