A bill introduced in the Montana Legislature would create a State Workforce Housing Tax Credit. H.B. 21 would create a State LIHTC for allocation to properties that receive Federal LIHTCs. The annual state cap would be $1.5 million, and the credit would be for properties placed in service on or after Jan. 1, 2026, with no credits allocated after Dec. 31, 2031. The credit would be claimed over six years, beginning with the tax year in which the project is placed in service.