HB900

Montana HB900 provides an income tax credit for businesses that direct payment processing fees to a charitable organization.

Montana HB900 establishes an income tax credit for businesses that direct payment processing fees to a charitable organization. The credit applies to individual and corporate income taxes and can be carried forward for two years. The credit is available starting from tax years beginning after December 31, 2025. The bill also mandates reviews of various tax credits by the revenue interim committee and includes definitions for terms such as "payment processing fee" and "payment processor.