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

September 15, 2022

Bill drafts
- TC-01: Revise tax credit review schedule
- TC-02: Lottery system for innovative education credit
- TC-03: Limit innovative education credit donations to a school district
Tax Credit Review Final Report (second draft)

June 16-17, 2022