SB157

Montana SB157 would allow an income tax deduction for charitable donations up to 150% of the amount deductible on a federal return.

Montana SB157 would amend the state's income tax code to allow an additional deduction for charitable donations. The deduction would be up to 150% of the amount that would have been deductible on a federal income tax return if the taxpayer did not itemize deductions. If the taxpayer did itemize deductions on the federal return, the deduction would be up to 50% of the amount deducted for charitable donations on the federal return. The bill would apply to income tax years beginning after December 31, 2025, and would become effective January 1, 2026.