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Governor Vetoes Old Fund Tax

By Greg Jones (Senior Editor)

Friday, May 6, 2011 | 0

Montana Gov. Brian Schweitzer used his line-item veto power to kill a 2.75% tax on premiums to pay off liabilities from the state's old workers' compensation fund.Schweitzer said in his veto message that the tax would cost state businesses more than $7 million over the next two years, and would hurt business."I oppose this tax on Montana businesses of roughly $7,314,660 over the next biennium to pay for the anticipated old fund liabilities," Schweitzer wrote. "The version of HB 604 passed by the majority party of the Legislature does not assist Montana employers and does not help creat...

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