HB209

Montana HB209 provides an income tax credit for nonpublic school education expenses, including tuition, textbooks, and extracurricular activities.

Montana HB209 establishes a tax credit for nonpublic school education expenses, covering tuition, textbooks, extracurricular activities, and additional expenses for qualifying students. The credit is equal to the lesser of the expenses paid or 44.7% of the applicable per-ANB maximum rate. The bill defines "nonpublic education setting" and "qualifying student," and it specifies that only one taxpayer can claim the credit for a given student in a tax year.