Montana State Legislature
Tax Credit Review
Section 15-30-2303 requires the Revenue Interim Committee to review tax credits each interim.
The committee adopted a final report for the 2021-2022 tax credit review and requested two bills related to the review:
- LC 453: Revise student scholarship organization and innovative education tax credits
- LC 454: Revise tax credit review schedule.
The table below shows the credits scheduled for review during the 2020-2021 interim.
| TAX CREDIT | MCA SECTION |
MEETHING SCHEDULED FOR REVIEW |
COMMITTEE RECOMMENDATION |
|---|---|---|---|
| Commercial or net metering system | Title 15, chapter 32, part 4 |
No review scheduled |
SB 399 repeals credit on 1/1/22 |
| Qualified elderly care expenses | 15-30-2366 |
No review scheduled |
SB 399 repeals credit on 1/1/22 |
| Dependent care assistance and referral services | 15-30-2373, 15-31-131 |
No review scheduled |
SB 399 repeals credit on 1/1/22 |
| Contributions to a university or college foundation or endowment | 15-30-2326, 15-31-135, 15-31-136 |
No review scheduled |
SB 399 repeals credit on 1/1/22 |
| Donations to an educational improvement account | 15-30-2334, 15-30-3110, 15-31-158 | November 2021 |
No recommendation LC 453 adopted as committee bill |
| Donations to a student scholarship organization | 15-30-2335, 15-30-3111, 15-31-159 | April 2022 |
No recommendation LC 453 adopted as committee bill |
Meeting Materials
September 15, 2022
- Bill drafts
- Tax Credit Review Final Report (second draft)
June 16-17, 2022
- Student Scholarship Organization Credit Additional Information -- Megan Moore
- Consideration of Tax Credit Review Process -- Megan Moore
- Tax Credit Review Final Report (draft)
- Public comment
April 18-19, 2022
- Student Scholarship Organization Credit -- Megan Moore
- Annual Report on Student Scholarship Organization Credit -- Aaron McNay, DOR
- Public comment: Chip Lindenlaub
January 20-21, 2022
- Department of Revenue's HB 279 Donations Portal -- Tony Zammit, DOR
- State Approaches to Equity for Public Education Tax Credits -- Megan Moore
- News coverage:
- "'Over almost before it started'" -- Montana Free Press
- "New Montana tax credits for public-school donations gone in six minutes" -- KXLH
November 8-9, 2021
September 23-24, 2021
