Montana legislation · 2025 Regular Session
Montana HB900: Provide income tax credit for payment processing fees directed to a charitable organization
Status: Failed, May 20, 2025
What the bill says
A bill for an act entitled: "an act providing an income tax credit for a business that directs payment processing fees to a charitable organization; providing that the credit may be taken against the individual income tax or the corporate income tax; providing that the credit may be carried forward 2 years; providing definitions; amending section 15-30-2303, mca; and providing an applicability date.".
From the engrossed text:
A BILL FOR AN ACT ENTITLED: "AN ACT PROVIDING AN INCOME TAX CREDIT FOR A BUSINESS THAT DIRECTS PAYMENT PROCESSING FEES TO A CHARITABLE ORGANIZATION; PROVIDING THAT THE CREDIT MAY BE TAKEN AGAINST THE INDIVIDUAL INCOME TAX OR THE CORPORATE INCOME TAX; PROVIDING THAT THE CREDIT MAY BE CARRIED FORWARD 2 YEARS; PROVIDING DEFINITIONS; AMENDING SECTION 15-30-2303, MCA; AND PROVIDING AN APPLICABILITY DATE." BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MONTANA: NEW SECTION. Section 1. Credit for business that directs payment processing fees to charitable organization. (1) A taxpayer is allowed a credit against the tax imposed by Title 15, chapter 31, or this chapter for payment processing fees directed to a charitable organization if the payment processor reimburses the state for the credit amount in the first year the credit is claimed. (2) The credit is equal to the amount of payment processing fees directed to a charitable organization under a contract that allows the taxpayer to direct a portion of payment processing fees to a charitable organization. (3) The credit allowed by this section may not be refunded if the taxpayer has a tax liability less than the amount of the credit. If the sum of credit carryovers from the credit, if any, and the amount of credit allowed by this section for the tax …
Sponsors
- Nave, Fiona (R, 56) · primary sponsor
Latest actions
- : (H) Died in Process
- : (H) Missed Deadline for Revenue Bill Transmittal
- : (H) Tabled in Committee
- : (H) Fiscal Note Printed
- : (H) Fiscal Note Signed
- : (H) Hearing
- : (H) Fiscal Note Received
- : (H) Hearing
- : (H) 1st Reading
- : (H) Referred to Committee
Subjects: Taxation--Corporations, Taxation, Revenue, State, Taxation--Individual Income
Common questions
- What is HB900?
- HB900 is a bill in the Montana Legislature (2025 Regular Session): Provide income tax credit for payment processing fees directed to a charitable organization.
- What does HB900 do?
- In its own words: A bill for an act entitled: "an act providing an income tax credit for a business that directs payment processing fees to a charitable organization; providing that the credit may be taken against the individual income tax or the corporate income tax; providing that the credit may be carried forward 2 years; providing definitions; amending section 15-30-2303, mca; and providing an applicability date.".
- What is the status of HB900?
- Failed as of May 20, 2025. Latest action: (H) Died in Process (May 20, 2025).
- Who sponsored HB900?
- Nave, Fiona (R, 56).
- Where is the official record for HB900?
- On the Montana Legislature website: https://bills.legmt.gov/#/laws/bill/2/LC4355
Source: official Montana record. Tracked by Delilah, AI for legislation across all 50 states and Congress.