Cattle wandered through a field dotted with cottonwood trees on the Hayhook Ranch as Republican Gov. Greg Gianforte toured the property in the Shields Valley on Thursday to discuss one of his signature economic policies.
The Business Investment Grows Jobs Act, or House Bill 303, would raise the exemption for the state’s business equipment tax from $100,000 to $200,000. With the change, about half of the 8,000 businesses that now pay the tax would no longer have to do so.